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Hiawatha Warehouse/Flex Space For Lease
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1470 Ketelsen Dr, Hiawatha, IA 52233

Warehouse/flex building with ESFR sprinkler system and ample power.

Space Size30,000 SF
Days on Market1895

Property Features for 1470 Ketelsen Dr

General Information

Standard status Active
Size 30,000 SF
Property subtype INDUSTRIAL

Spaces For Lease

at 1470 Ketelsen Dr Contact us

Proposed Warehouse for Lease $9.50 – $14.95/SF/Yr

Floor
1
Size
30,000 SF
Type
INDUSTRIAL
Lease Type
NNN
Availability
AVAILABLE, Completion
Sublease
No
LOCATION OVERVIEW Conveniently located on N Center Pt Rd in Hiawatha, just 1/2 mile...
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Listing Agency: GLD Commercial
Listed By: Adam Gibbs · License #B43857000
Source: Moodyscre
Added: Jul 2, 2021 Changed: Sep 8 Last Checked: Jul 16 at 8:33AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of GLD Commercial

Investment Insights

Based on property information with market context.

This build-to-suit warehouse/flex building is located in Hiawatha. It features an ESFR sprinkler system, sidewall height of 25 feet, and ample power. The property includes a combination of dock and ground-level doors. The warehouse lease rate is $9.50 per square foot NNN, and the office/retail area lease rate is $14.95 per square foot NNN. The owner is willing to amortize additional tenant-required improvements over the term of the lease. Available space ranges from 10,000 to 30,000 square feet. The property is suitable for commercial real estate, including flex space, industrial purposes, warehousing, and retail. It can be used as retail space, retail properties, and spaces, as well as other warehouse purposes.

Key Highlights

  • Build‑to‑suit warehouse/flex building.
  • ESFR sprinkler system in place.
  • Sidewall height of 25'.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Restaurant Law Firm Storage Facility HVAC Service Nail Salon Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

676
Businesses Nearby
Well-served
Demand for This Use

Demographics for 52233, IA

7,091
Population
3,123
Households
2.3
Avg Household Size
39
Median Age
31%
College-Educated
97%
High-School Grad
3.9 sq mi
ZIP Area
1,818
Density / Sq Mi
$66,497
Median Household Income
$44,111
Median Earnings
$846
Median Rent
$200,500
Median Home Value

Market

Lease Benchmarks for Hiawatha, IA

$7.52 /SF/Yr
Avg Asking Price
$6.4–$10 /SF/Yr
Price Range
20,294 SF
Avg Space Size

This space is priced 26% above the average of $7.52 /SF/Yr.

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Warehouse/flex building with ESFR sprinkler system and ample power.
Where is this flex space located?
The property is located at 1470 Ketelsen Dr Hiawatha, IA.
What is the lease rate?
The lease rate is $9.50 SF/Yr.
What are key features of this property?
This property features: Build‑to‑suit warehouse/flex building.; ESFR sprinkler system in place.; Sidewall height of 25'.
(319) 731-3415 Call to check price and availability
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