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Flex Space with Demisable Bays
For Lease
$14 SF/Yr

1650 Willow Creek Dr #100 & 101, Iowa City, IA 52246

CI1-zoned space offers bay configurations tailored to business or office requirements.

Space SizeContact for details
Days on Market943

Property Features for 1650 Willow Creek Dr #100 & 101

General Information

Standard status Active
Zoning CI1

Additional Details

Highway Access Yes

Building Details

Year Built 2024
Buildings 2
Listing Agency: Skogman Realty Co.
Listed By: Mark Lynch · License #S60565000
Source: Kalonarealty
Added: Apr 1, 2024 Changed: Oct 29 Last Checked: Oct 29 at 2:44PM

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 Skogman Realty Co.

Rey
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Investment Insights

Based on property information with market context.

Two flex buildings, completed in 2024, offer spaces that can be divided to suit different business or office layouts. One building contains 10,500 square feet, while the other totals 12,000 square feet. The property is zoned CI1, and parking is located in front of the bays.

The site is near Highway 1 and the I-380 south and Highway 1 interchange, providing access to those routes.

Key Highlights

  • Two buildings: 10,500 SF and 12,000 SF
  • Bays can be demised to accommodate different space configurations
  • CI1 zoning

Property Analytics

Current Use

Flex space

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

5
Businesses Nearby
Well-served
Demand for This Use

Demographics for 52246, IA

22,829
Population
10,627
Households
2.1
Avg Household Size
29
Median Age
67%
College-Educated
95%
High-School Grad
16.7 sq mi
ZIP Area
1,367
Density / Sq Mi
$55,088
Median Household Income
$28,598
Median Earnings
$1,049
Median Rent
$327,100
Median Home Value

Market

Lease Benchmarks for Iowa City, IA

$11.89 /SF/Yr
Avg Asking Price
$8–$14.65 /SF/Yr
Price Range
5,213 SF
Avg Space Size

This space is priced 18% above the average of $11.89 /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 - CI1-zoned space offers bay configurations tailored to business or office requirements.
Where is this flex space located?
The property is located at 1650 Willow Creek Dr #100 & 101 Iowa City, IA.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: Two buildings: 10,500 SF and 12,000 SF; Bays can be demised to accommodate different space configurations; CI1 zoning
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Includes: Price & PSF · Cap rate · Location · Zoning

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