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Build-to-Suit Warehouse Flex
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B-1470 Ketelsen Dr, Hiawatha, IA 52233

Warehouse/flex build-to-suit space with ESFR sprinklers, 25' sidewall height, and dock and ground-level doors.

Space SizeContact for details
Days on Market1907

Property Features for B-1470 Ketelsen Dr

General Information

Standard status Active

Warehouse & Industrial

Clear Height 25 ft
Sprinkler System Yes
Listing Agency: GLD COMMERCIAL
Listed By: Adam Gibbs · License #B43857000
Source: Exprealty
Added: Jun 17, 2021 Changed: Aug 20 Last Checked: Sep 4 at 9:00AM

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 facility includes an ESFR sprinkler system and a 25' sidewall height. The building configuration supports a combination of dock and ground-level doors, with ample power identified for tenant operations. Space includes a mix of warehouse and office/retail area, with lease rates provided for each component.

The owner is willing to amortize additional tenant-required improvements over the lease term. Availability ranges from 10,000 to 30,000 square feet.

The offering is structured for tenants seeking a warehouse/flex building that can be tailored with improvements funded through amortization during the lease term.

Key Highlights

  • Build‑to‑suit warehouse/flex space in Hiawatha with ESFR sprinkler system
  • 25' sidewall height and ample power
  • Combination of dock and ground‑level doors

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

25 ft
Clear height
Yes
Sprinkler system
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

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 build-to-suit space with ESFR sprinklers, 25' sidewall height, and dock and ground-level doors.
Where is this flex space located?
The property is located at B-1470 Ketelsen Dr Hiawatha, IA.
What are key features of this property?
This property features: Build‑to‑suit warehouse/flex space in Hiawatha with ESFR sprinkler system; 25' sidewall height and ample power; Combination of dock and ground‑level doors
More about this property
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