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High-Profile Flex Showroom/Warehouse
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645 Wright Brothers Boulevard 600, Cedar Rapids, IA 52404

New high-profile flex facility with ESFR sprinklers and high-bay space, offering flexible showroom and warehouse use.

Space SizeContact for details
Days on Market2160

Property Features for 645 Wright Brothers Boulevard 600

General Information

Standard status Active
Property subtype Com Lease
Zoning Sub Mix
Lease Type Net

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Sprinkler System Yes

Amenities

Concrete
Yes
1
No
Storage
Public
5
5 Acres
Off Street

Building Details

Year Built 2021
Stories 1
Listing Agency: Ambrose & Associates, REALTORS
Listed By: Lisa Coots-Schooley
Source: Pinnaclerealtyia
Added: Sep 24, 2020 Changed: Aug 22 Last Checked: Aug 22 at 3:56AM

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 Ambrose & Associates, REALTORS

Investment Insights

Based on property information with market context.

This new, high-profile flex building is designed to combine showroom functionality with warehouse operations. The facility includes ESFR sprinkler protection and high-bay capacity, with space sizes that can be tailored to accommodate tenant requirements. Docks and overhead doors are available to support receiving, storage, and distribution needs.

The property is located for straightforward access immediately off I-380 at the Eastern Iowa Airport area. It sits at the corner of Wright Bros and 6th St at a signalized intersection, which supports visibility and convenient approach from surrounding routes.

For tenants looking for a single building that can handle both customer-facing space and day-to-day warehouse activity, this configuration fits well. The availability of flexible sizing and dock/overhead door access can simplify layout planning for different operational setups. The landlord will also amortize tenant-specific TI for qualified tenants, which may help reduce up-front buildout burden for creditworthy users preparing the space for occupancy.

Key Highlights

  • New 1‑story flex facility built in 2021 with concrete flooring
  • ESFR sprinkler system and high‑bay facility for showroom/warehouse use
  • Available for flexible space with docks and/or overhead doors (size flexible)

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Parking Lot & Garage Garden Center Daycare Center Clothing & Fashion Store Restaurant

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

Yes
Sprinkler system
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

14
Businesses Nearby
Well-served
Demand for This Use

Demographics for 52404, IA

43,385
Population
19,923
Households
2.2
Avg Household Size
35
Median Age
22%
College-Educated
94%
High-School Grad
56.6 sq mi
ZIP Area
767
Density / Sq Mi
$62,304
Median Household Income
$38,865
Median Earnings
$885
Median Rent
$159,700
Median Home Value

Market

Lease Benchmarks for Cedar Rapids, IA

$9.25 /SF/Yr
Avg Asking Price
$6–$12 /SF/Yr
Price Range
25,176 SF
Avg Space Size

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 - New high-profile flex facility with ESFR sprinklers and high-bay space, offering flexible showroom and warehouse use.
Where is this flex space located?
The property is located at 645 Wright Brothers Boulevard 600 Cedar Rapids, IA.
What are key features of this property?
This property features: New 1‑story flex facility built in 2021 with concrete flooring; ESFR sprinkler system and high‑bay facility for showroom/warehouse use; Available for flexible space with docks and/or overhead doors (size flexible)
More about this property
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