Warehouse with Cooler
For Lease
$6 SF/Yr
2055 N Towne Ln NE #B, Cedar Rapids, IA 52402
Renovation work includes building systems, exterior improvements, and refreshed office finishes.
Space SizeContact for details
Days on Market543
Property Features for 2055 N Towne Ln NE #B
General Information
Standard status
Active
Zoning
Lt Industrial
Warehouse & Industrial
Dock-High Doors
6
Drive-In Doors
1
Taxes and HOA fees
Annual Taxes
$19,344
Building Details
Year Built
1965
Listing Agency:
GLD Commercial Real Estate Advisors
(319) 731-3410
Listed By:
Angie Glick
(319) 821-0028
Source:
Kalonarealty
Added: May 1, 2025
Changed: Oct 24
Last Checked: Oct 24 at 2:36PM
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 Real Estate Advisors
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Investment Insights
Based on property information with market context.
This warehouse is undergoing renovations that include roof and exterior panel work, along with replacement plumbing, electrical, fire suppression, and motion-sensor LED lighting. The office area has refreshed restrooms, paint, and trim. Loading is served by six dock doors and one drive-in door, with 20-foot sidewalls. Coolers on the north side remain in place; the chiller system may be reinstalled. The property was built in 1965 and is zoned Lt Industrial.
Key Highlights
- Six dock doors and one drive‑in door
- 20‑foot sidewalls
- Coolers remain in place on the north side; chiller system could be reinstalled
Property Analytics
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Current Use
Lease Details
6
Dock-high doors
1
Drive-in doors
NNN (Triple Net)
Lease Type
$0.90 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
759
Businesses Nearby
Well-served
Demand for This Use
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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
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Market
Lease Benchmarks for Cedar Rapids, IA
$8.54 /SF/Yr
Avg Asking Price
$6–$12 /SF/Yr
Price Range
87,720 SF
Avg Space Size
This space is priced 30% below the average of $8.54 /SF/Yr.
Vacancy Rate% for Industrial in Midwest region
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- A 1 Storage — 502 N Center Point Rd, Hiawatha, IA 52233
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Frequently Asked Questions
What type of property is this?
Warehouse - Renovation work includes building systems, exterior improvements, and refreshed office finishes.
Where is this warehouse located?
The property is located at 2055 N Towne Ln NE #B 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: Six dock doors and one drive‑in door; 20‑foot sidewalls; Coolers remain in place on the north side; chiller system could be reinstalled
