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Warehouse-Ready Flex Space
For Lease
$9 SF/Yr NNN

1408 Industrial Ave #A & B, Hiawatha, IA 52233

I-2 zoning and a landlord-supported office buildout provide flexibility for the Hiawatha space.

Space SizeContact for details
Days on Market1474

Property Features for 1408 Industrial Ave #A & B

General Information

Standard status Active
Zoning I-2
Lease Type NNN

Warehouse & Industrial

Power 200 amps
Warehouse Heated Yes

Additional Details

Highway Access Yes

Building Details

Year Built 2022
Listing Agency: GLD Commercial Real Estate Advisors
Listed By: Adam Gibbs · License #B43857000
Source: Sellersandseekers
Added: Oct 13, 2022 Changed: Oct 24 Last Checked: Oct 23 at 4:09PM

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

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.

Built in 2022, this flex property in Hiawatha is planned with a unisex restroom, 200 AMP electrical panel, warehouse heater, LED lighting and a 14' x 14' overhead door. The landlord is also willing to provide an office buildout. The property is zoned I-2 and offered on a NNN lease basis.

The site is within 1/2 mile of the Boyson Road and I-380 interchange.

Key Highlights

  • 2022 construction
  • Planned features include a unisex restroom, 200 AMP panel, warehouse heater and LED lights
  • 14' x 14' overhead door

Property Analytics

Current Use

Flex space

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

333
Businesses Nearby
Well-served
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

$8.78 /SF/Yr
Avg Asking Price
$8–$10 /SF/Yr
Price Range
20,038 SF
Avg Space Size

This space is priced 3% above the average of $8.78 /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

Frequently Asked Questions

What type of property is this?
Flex space - I-2 zoning and a landlord-supported office buildout provide flexibility for the Hiawatha space.
Where is this flex space located?
The property is located at 1408 Industrial Ave #A & B Hiawatha, IA.
What is the lease rate?
The lease rate is $9 SF/Yr.
What are key features of this property?
This property features: 2022 construction; Planned features include a unisex restroom, 200 AMP panel, warehouse heater and LED lights; 14' x 14' overhead door
More about this property
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