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Flex Space with Office
For Lease
$2,000/Mo

840 S Capitol Street, Iowa City, IA 52240

Commercial-zoned space combines warehouse access with an adjacent office area.

Space SizeContact for details
Days on Market900

Property Features for 840 S Capitol Street

General Information

Standard status Active
Total Parking Spaces 7
Zoning Commercial

Amenities

Zero Step Entry

Building Details

Year Built 1974
Listing Agency: Westwinds Real Estate Services, Inc.
Listed By: Teague Case
Source: Kalonarealty
Added: May 9, 2024 Changed: Oct 24 Last Checked: Oct 24 at 2:35PM

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 Westwinds Real Estate Services, Inc.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This flex property in Iowa City combines warehouse space with an adjacent office area and one overhead door. Built in 1974, the building is zoned Commercial.

The unit includes 7 parking spaces. Some spaces in front of the building are available on a first-come basis; other parking is reserved for separate tenants or businesses. Overnight parking is not permitted. The tenant is responsible for utilities.

Key Highlights

  • Warehouse space with adjacent office area
  • One overhead door
  • 7 parking spaces included with the unit

Property Analytics

Current Use

Field To Family Online ... Food Market

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Storage Facility HVAC Service Nail Salon Garden 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

2,187
Businesses Nearby
Balanced
Demand for This Use

Demographics for 52240, IA

34,224
Population
17,035
Households
2
Avg Household Size
29
Median Age
47%
College-Educated
94%
High-School Grad
142.1 sq mi
ZIP Area
241
Density / Sq Mi
$55,189
Median Household Income
$25,508
Median Earnings
$1,065
Median Rent
$241,100
Median Home Value

Market

Lease Benchmarks for Iowa City, IA

$13.1 /SF/Yr
Avg Asking Price
$9.63–$14.65 /SF/Yr
Price Range
6,551 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

Similar Off Market Nearby

  • Hy-Vee Catering — 1720 Waterfront Dr, Iowa City, IA 52240
  • Catered By Charlotte — 580 Hwy 1 W, Iowa City, IA 52246
  • Firehouse Subs HWY One IC — 161 Hwy 1 W, Iowa City, IA 52246
  • Wich-Uh-Waffle — 1104 S Gilbert St, Iowa City, IA 52240
  • Nurture Kitchen — 335 S Gilbert St, Iowa City, IA 52240

Frequently Asked Questions

What type of property is this?
Flex space - Commercial-zoned space combines warehouse access with an adjacent office area.
Where is this flex space located?
The property is located at 840 S Capitol Street Iowa City, IA.
What is the lease rate?
The lease rate is $2,000/Mo.
What are key features of this property?
This property features: Warehouse space with adjacent office area; One overhead door; 7 parking spaces included with the unit
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