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Flex Suite with Fenced Storage

2860 Independence Rd, Iowa City, IA 52240

For Lease
$7,000/Mo

Industrial flex space combines warehouse functionality, dedicated offices, and secure outdoor storage within an I-1 zoning framework.

Space SizeContact for details
Days on Market47

Property Features for 2860 Independence Rd

General Information

Standard status Active
Property subtype Com Lease
Zoning I-1

Amenities

ConcreteSlabGrade
1.72
CountyRoad

Building Details

Year Built 2014
Listing Agency: Skogman Realty Co.
Listed By: Mark Lynch · License #S60565000
Source: Pinnaclerealtyia
Added: Sep 22 Changed: Nov 4 Last Checked: Nov 6 at 5:38AM

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.

Suite C provides 6,000 SF of flex space with an attached warehouse, built-out offices, and fenced outdoor storage. The warehouse includes two overhead doors, three dock doors, a mezzanine, and two restrooms. Office improvements include five private offices, a cubicle area, kitchenette, and two bathrooms.

The exterior storage area measures approximately .7 of an acre and is enclosed for controlled access. Built in 2014, the property is zoned I-1 and situated on a county road at 2860 Independence Rd in Iowa City, Iowa. The landlord prefers a minimum three-year lease term.

Key Highlights

  • 6,000 SF Suite C with attached warehouse and built‑out office area
  • Approximately .7 of an acre of fenced‑in exterior storage
  • Warehouse includes 2 overhead doors and 3 dock doors

Property Analytics

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Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Auto Parts Store Pharmacy Electrical Service Kitchen & Bath Showroom Grocery & Convenience Store Plumbing Service

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

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

Location Intelligence

Trade Area within ½ mile

81
Businesses Nearby
Well-served
Demand for This Use

Demographics for 52240, IA

34,224
Population
17,035
Households
2
Avg Household Size
29
Median Age
47%
College-Educated
94%
High-School Grad
142.1 sq mi
ZIP Area
241
Density / Sq Mi
$55,189
Median Household Income
$25,508
Median Earnings
$1,065
Median Rent
$241,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Iowa City, IA

$12.13 /SF/Yr
Avg Asking Price
$8–$14.65 /SF/Yr
Price Range
4,998 SF
Avg Space Size

This space is priced 15% above the average of $12.13 /SF/Yr.

Average Price Trend$/SF/Yr for Flex space in Iowa City, IA

$12.18 Jul
$11.26 Aug
$12.83 Sep
$12.23 Oct

Properties on Market for Flex space in Iowa City

Jul
Aug
Sep
Oct

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 - Industrial flex space combines warehouse functionality, dedicated offices, and secure outdoor storage within an I-1 zoning framework.
Where is this flex space located?
The property is located at 2860 Independence Rd Iowa City, IA.
What is the lease rate?
The lease rate is $7,000/Mo.
What are key features of this property?
This property features: 6,000 SF Suite C with attached warehouse and built‑out office area; Approximately .7 of an acre of fenced‑in exterior storage; Warehouse includes 2 overhead doors and 3 dock doors
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