Warehouse with Dock and Grade
For Lease
$8 SF/Yr
1465 Sherman Rd, Hiawatha, IA 52233
I-2-zoned facility offers loading access, a wash bay, office space, and on-site parking.
Space SizeContact for details
Days on Market776
Property Features for 1465 Sherman Rd
General Information
Standard status
Active
Total Parking Spaces
14
Zoning
I-2
Warehouse & Industrial
Office Build-Out
336 SF
Dock-High Doors
2
Voltage
208 V
Three-Phase Power
Yes
Conditioned Warehouse
Yes
Warehouse Heated
Yes
Additional Details
Space Use
Warehouse
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$15,510
Building Details
Year Built
1995
Listing Agency:
GLD Commercial Real Estate Advisors
(319) 731-3410
Listed By:
Adam Gibbs · License #B43857000
(319) 721-1520
Source:
Kalonarealty
Added: Sep 10, 2024
Changed: Oct 24
Last Checked: Oct 24 at 2:38PM
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 standalone warehouse, built in 1995, has eight 12-foot overhead doors and two dock doors without levelers. An interior floor drain runs through the center of the building, and a wash bay includes a separator pit. Approximately 900 square feet of warehouse space is heated and cooled. The property also contains two 12-by-14-foot offices and two unisex restrooms, with 120/208V three-phase electrical service.
Located less than one mile from I-380, the building has 14 on-site parking spaces and I-2 zoning.
Located less than one mile from I-380, the building has 14 on-site parking spaces and I-2 zoning.
Key Highlights
- Eight 12' overhead doors and two dock doors; no levelers
- Approximately 900 SF of heated and cooled warehouse area
- Wash bay with separator pit and a floor drain along the building's center
Property Analytics
Who owns this building?
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Current Use
Lease Details
2
Dock-high doors
Yes
Highway access
NNN (Triple Net)
Lease Type
$1.20 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
456
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
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
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Market
Lease Benchmarks for Hiawatha, IA
$8.43 /SF/Yr
Avg Asking Price
$6–$10 /SF/Yr
Price Range
17,650 SF
Avg Space Size
This space is priced 5% below the average of $8.43 /SF/Yr.
Vacancy Rate% for Industrial in Midwest region
Similar Off Market Nearby
- Blue Lagoon Storage - Hiawatha — 620 Robins Rd, Hiawatha, IA 52233
- Wright Storage — 735 Ryan Ave, Hiawatha, IA 52233
- Storage Depot — 735 Ryan Ave, Hiawatha, IA 52233
- Storhaus Storage — 845 Brandon Ave, Hiawatha, IA 52233
- Cedar Rapids Storage Garages — 1395 N Center Point Rd, Hiawatha, IA 52233
Frequently Asked Questions
What type of property is this?
Warehouse - I-2-zoned facility offers loading access, a wash bay, office space, and on-site parking.
Where is this warehouse located?
The property is located at 1465 Sherman Rd Hiawatha, IA.
What is the lease rate?
The lease rate is $8 SF/Yr.
What are key features of this property?
This property features: Eight 12' overhead doors and two dock doors; no levelers; Approximately 900 SF of heated and cooled warehouse area; Wash bay with separator pit and a floor drain along the building's center
