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    705 Tower Terrace Rd Hiawatha, IA 52233

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    For Lease
    $8 SF/Yr

    New construction warehouse/flex space near Tower Terrace Rd/I-380 interchange.

    Property size:
    33,030 SF
    Lot size:
    3.31 Acres

    Property Features for 705 Tower Terrace Rd

    General Information

    Size
    33,030 SF
    Lot size
    3.31 Acres

    Source: GLD Commercial Agent Adam Gibbs

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Hiawatha Warehouse/Flex Space

    This new construction warehouse and flex building is available for lease in Hiawatha, situated within one mile of the newly opened Tower Terrace Road and I-380 interchange. The warehouse features an ESFR sprinkler system, a 25-foot sidewall height, LED lighting, and 3-phase power. Warehouse heat and a unisex restroom are provided. Column spacing is 25' x 60'. Multiple overhead doors and dock doors are available. The warehouse lease rate ranges from $8.95 to $9.45 per square foot NNN, depending on the size of the bay leased. The landlord is open to constructing office space within the leased premises, with an office lease rate of $14.95 per square foot NNN. The property is located at 705 Tower Terrace Rd, Hiawatha, IA and has a property size of 33030 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Hair Salon Wholesale Shop Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Cedar Rapids Storage Garages

    Location Insight

    • Map
    • Local Demand
    City
    Hiawatha
    County
    Linn
    State
    Iowa
    Longitude
    -91.6820473
    Latitude
    42.0582735

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    FAQs

    What type of property is this?
    Warehouse - New construction warehouse/flex space near Tower Terrace Rd/I-380 interchange.
    Where is this warehouse located?
    The property is located at 705 Tower Terrace Rd Hiawatha, IA.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: - New construction warehouse/flex space.; - Ideally located less than 1 mile from the Tower Terr Rd/I-380 interchange.; - Benefit from **25' sidewall height.**
    (319) 731-3400
    Request Owner's contact information
    705 Tower Terrace Rd Hiawatha, IA 52233
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    Hiawatha, IA 52233
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    705 Tower Terrace Rd Hiawatha, IA 52233
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