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Flexible Commercial Space
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5255 Rockwell Drive NE Unit 4, Cedar Rapids, IA 52402

Adaptable commercial space across from the Collins Aerospace campus, with tenant improvement amortization under consideration.

Space Size12,000 SF
Days on Market1274

Property Features for 5255 Rockwell Drive NE Unit 4

General Information

Standard status Active
Size 12,000 SF
Net Rentable 12,000 SF
Lease Term []

Space & Availability

Available Space 12,000 SF
Contiguous Space 12,000 SF

Building Details

Year Built 1979
Listing Agency: Realty87
Listed By: Mike Esker · License #B41939000
Source: Cbhrealty
Added: Mar 5, 2023 Changed: Aug 29 Last Checked: Aug 29 at 6:07PM

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 Realty87

Investment Insights

Based on property information with market context.

Unit 4 at 5255 Rockwell Drive NE is a flexible commercial property suited to workspace or storage uses. The space offers an adaptable interior that can be configured around a tenant’s operational requirements, with the landlord considering amortization of tenant improvements.

The property is positioned directly across from the Collins Aerospace campus in Cedar Rapids. Built in 1979, the asset provides a commercial setting for users seeking proximity to that campus and flexibility in how the interior is arranged.

Key Highlights

  • Flexible commercial space suitable for workspace or storage uses
  • Directly across from the Collins Aerospace campus
  • Landlord will consider amortization of tenant improvements

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Kitchen & Bath Showroom Parking Lot & Garage Auto Parts Store Gym & Fitness Center

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

673
Businesses Nearby
Under-served
Demand for This Use

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

$9.43 /SF/Yr
Avg Asking Price
$6–$12 /SF/Yr
Price Range
24,800 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
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Adaptable commercial space across from the Collins Aerospace campus, with tenant improvement amortization under consideration.
Where is this flex space located?
The property is located at 5255 Rockwell Drive NE Unit 4 Cedar Rapids, IA.
What are key features of this property?
This property features: Flexible commercial space suitable for workspace or storage uses; Directly across from the Collins Aerospace campus; Landlord will consider amortization of tenant improvements
More about this property
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