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Two-Building Industrial Warehouse
For Lease
$8 SF/Yr

2420 Lefebure Rd, Fairfax, IA 52228

The buildings can be leased together or separately for warehouse, distribution, or manufacturing use.

Space Size36,750 SF - 75,307 SF
Lot Size9.00 Acres
Days on Market69

Property Features for 2420 Lefebure Rd

General Information

Standard status Active
Size 36,750 SF - 75,307 SF
Net Rentable 36,750 SF
Lot size 9.00 Acres
Zoning M1

Space & Availability

Available Space 36,750-75,307 SF
Divisible Yes
Space Use Industrial

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $197,093

Building Details

Year Built 2023
Buildings 2
Building Size 75,307 SF
Listing Agency: Cushman & Wakefield Iowa Commercial Advisors
Listed By: Ryan Fitzpatrick
Source: Kalonarealty
Added: Aug 18 Changed: Oct 24 Last Checked: Oct 24 at 3:02PM

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 Cushman & Wakefield Iowa Commercial Advisors

Rey
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Investment Insights

Based on property information with market context.

This 2023 industrial property in Fairfax comprises two buildings totaling 75,307 square feet on a 9-acre site. The buildings are available together or separately, with M1 zoning. Warehouse, distribution, and manufacturing uses are identified for the property.

The site is five minutes from Hwy 151, with access to Hwy 30 and I-380. Neighboring tenants include Travero Logistics and QTS Data Center.

Key Highlights

  • Two industrial buildings totaling 75,307 SF
  • 9‑acre site with M1 zoning
  • Buildings may be leased together or separately

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Distribution centers

Suggested Use

Top Pick Electrical Service Plumbing Service Auto Parts Store Building Supply Home Appliance Store 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

Yes
Highway access
NNN (Triple Net)
Lease Type
$1.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2
Businesses Nearby
Well-served
Demand for This Use

Demographics for 52228, IA

3,402
Population
1,470
Households
2.3
Avg Household Size
42
Median Age
42%
College-Educated
96%
High-School Grad
37.2 sq mi
ZIP Area
91
Density / Sq Mi
$121,366
Median Household Income
$56,023
Median Earnings
$1,194
Median Rent
$301,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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?
Warehouse - The buildings can be leased together or separately for warehouse, distribution, or manufacturing use.
Where is this warehouse located?
The property is located at 2420 Lefebure Rd Fairfax, IA.
What is the lease rate?
The lease rate is $8 SF/Yr.
What are key features of this property?
This property features: Two industrial buildings totaling 75,307 SF; 9‑acre site with M1 zoning; Buildings may be leased together or separately
More about this property
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