Building Details

Year Built 1987

Tenancy Multi

Listing Agency: Hawkeye Commercial Show Phone

Listed By: Tatiana McClinton Show Phone

Source: Pinnaclerealtyia

Added: Sep 17, 2024 Changed: Sep 13 Last Checked: Sep 13 at 5:13AM

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Investment Insights

Based on property information with market context.

Highly visible office/warehouse showroom space available for lease at the SW corner of Blairs Ferry Rd NE and the I-380 interchange. The configuration includes restroom accommodations and warehouse loading through one dock.

The property offers I-380 visibility and signage, with annual average daily traffic counts exceeding 32,000 vehicles on Blairs Ferry Road at this location. Ample on-site parking supports customer and employee access.

Multiple suites are offered within the building, with Unit C specifically providing a combined office and warehouse layout and a dock for operations requiring direct loading. Units can also be combined for larger needs, subject to availability.

Key Highlights

• Highly visible showroom/office/warehouse space located at the SW corner of Blairs Ferry Rd NE and the I‑380 interchange
• Blairs Ferry Rd NE traffic counts exceed 32,000 vehicles at this location
• Suite C offers 6,000 SF total with about 1,800 SF office and 4,200 SF warehouse, plus a loading dock

Property Analytics

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Current Use

Iowa Lottery - Cedar ... State Government Office Girl Scouts of Eastern ... Child Welfare Organization Avnet Inc Electronics & Wireless Store

Suggested Use

Top Pick Law Firm Restaurant Building Supply HVAC Service Kitchen & Bath Showroom Electrical Service

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

1

Dock-high doors

32,000 VPD

Traffic count

Multi-tenant

Tenancy

Yes

Highway access

Yes

Paved road access

NNN (Triple Net)

Lease Type

$0.90 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

685

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 52402, IA

42,072

Population

19,848

Households

2.1

Avg Household Size

36

Median Age

41%

College-Educated

95%

High-School Grad

13.7 sq mi

ZIP Area

3,071

Density / Sq Mi

$71,319

Median Household Income

$41,753

Median Earnings

$992

Median Rent

$188,700

Median Home Value

Market

Lease Benchmarks for Cedar Rapids, IA

$9.57 /SF/Yr

Avg Asking Price

$6–$12 /SF/Yr

Price Range

28,309 SF

Avg Space Size

This space is priced 37% below the average of $9.57 /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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this flex space located? What is the lease rate? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Flex space - Office/warehouse suite includes restroom and one dock for efficient loading and tenant use.

Where is this flex space located?

The property is located at 2345 Blairs Ferry Rd NE Cedar Rapids, IA.

What is the lease rate?

The lease rate is $6 SF/Yr.

What are key features of this property?

This property features: Highly visible showroom/office/warehouse space located at the SW corner of Blairs Ferry Rd NE and the I‑380 interchange; Blairs Ferry Rd NE traffic counts exceed 32,000 vehicles at this location; Suite C offers 6,000 SF total with about 1,800 SF office and 4,200 SF warehouse, plus a loading dock