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New Construction Flex Space
For Lease
$7 SF/Yr

1408 Industrial Ave, Hiawatha, IA 52233

New-construction flex space with warehouse improvements and landlord-provided office buildout available.

Space SizeContact for details
Days on Market1418

Property Features for 1408 Industrial Ave

General Information

Standard status Active
Property subtype Com Lease
Zoning I-2
Lease Type NNN

Additional Details

Space Use Flex
Highway Access Yes
Power 200 amps

Amenities

ConcreteSlabGrade
2.5
CountyRoad,Paved

Building Details

Year Built 2022
Listing Agency: Pinnacle Realty
Listed By: Jaime Hymer · License #B43857000
Source: Pinnaclerealtyia
Added: Oct 13, 2022 Changed: Aug 29 Last Checked: Jul 5 at 6:59PM

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 Pinnacle Realty

Investment Insights

Based on property information with market context.

Completed in 2022, this new-construction flex space is configured for warehouse use and includes a unisex restroom, 200 AMP electrical panel, warehouse heater, LED lighting, and a 14′ x 14′ overhead door. The landlord is willing to provide an office buildout, supporting a combination of office and industrial functions within the space.

The property is located in Hiawatha, within 1/2 mile of the Boyson Road and I-380 interchange. I-2 zoning further identifies the site for industrial-oriented commercial use.

Key Highlights

  • New construction completed in 2022
  • I‑2 zoning supports industrial‑oriented commercial use
  • 200 AMP electrical panel and warehouse heater

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Restaurant Law Firm Nail Salon HVAC Service Pharmacy 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

Yes
Highway access
NNN (Triple Net)
Lease Type
$1.05 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

557
Businesses Nearby
Balanced
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

$7.56 /SF/Yr
Avg Asking Price
$6.4–$9 /SF/Yr
Price Range
16,831 SF
Avg Space Size

This space is priced 7% below the average of $7.56 /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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - New-construction flex space with warehouse improvements and landlord-provided office buildout available.
Where is this flex space located?
The property is located at 1408 Industrial Ave Hiawatha, IA.
What is the lease rate?
The lease rate is $7 SF/Yr.
What are key features of this property?
This property features: New construction completed in 2022; I‑2 zoning supports industrial‑oriented commercial use; 200 AMP electrical panel and warehouse heater
More about this property
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