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Flex Space with Loading Dock
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1575 Ketelsen Drive Unit 200, Hiawatha, IA 52233

Lease opportunity combining dedicated offices, warehouse capacity, and direct visibility from I-380.

Space Size6,500 SF
Days on Market259

Property Features for 1575 Ketelsen Drive Unit 200

General Information

Standard status Active
Size 6,500 SF
Net Rentable 6,500 SF
Lease Term []

Space & Availability

Available Space 6,500 SF
Contiguous Space 6,500 SF
Space Use Flex

Warehouse & Industrial

Warehouse Space 5,000 SF
Office Build-Out 1,500 SF
Dock-High Doors 1
Sprinkler System Yes

Building Details

Year Built 2020
Listing Agency: GLD COMMERCIAL
Listed By: Adam Gibbs
Source: Cbhrealty
Added: Dec 13, 2025 Changed: Aug 29 Last Checked: Aug 26 at 1:03PM

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

Investment Insights

Based on property information with market context.

Unit 200 is a 6,500 SF flex facility completed in 2020, configured with approximately 1,500 SF of office area and 5,000 SF of warehouse space. The office component includes three private offices, a conference room, a break room, and multiple restrooms. Warehouse improvements include a loading dock, 14' overhead door, 25' sidewalls, ESFR sprinkler protection, and ample power.

The property is located on Ketelsen Drive in Hiawatha with visibility from I-380, providing a recognizable setting for industrial, warehouse, and office operations. The combination of finished administrative space and functional warehouse improvements supports a range of flex-space requirements.

Key Highlights

  • 6,500 SF flex bay in Hiawatha
  • Approximately 1,500 SF of office space and 5,000 SF of warehouse space
  • Loading dock and 14' overhead door

Property Analytics

Current Use

D & K Products Big Box & Wholesale Store Allied Glass Products Hardware & Home Improvement

Suggested Use

Top Pick Restaurant Storage Facility Law Firm Pharmacy HVAC Service Nail Salon

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

1
Dock-high doors
Yes
Sprinkler system
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

205
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

$7.56 /SF/Yr
Avg Asking Price
$6.4–$9 /SF/Yr
Price Range
16,831 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
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Lease opportunity combining dedicated offices, warehouse capacity, and direct visibility from I-380.
Where is this flex space located?
The property is located at 1575 Ketelsen Drive Unit 200 Hiawatha, IA.
What are key features of this property?
This property features: 6,500 SF flex bay in Hiawatha; Approximately 1,500 SF of office space and 5,000 SF of warehouse space; Loading dock and 14' overhead door
More about this property
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