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Flex Suite with Fenced Storage
New
For Lease
$7,000/Mo

2860 Independence Rd, Iowa City, IA 52240

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

Space SizeContact for details
Days on Market2

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: Re/Max Concepts
Listed By: Kyle Steele
Source: Pinnaclerealtyia
Added: Sep 22 Last Checked: Sep 22 at 1:38PM

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 Re/Max Concepts

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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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
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Market

Lease Benchmarks for Iowa City, IA

$12.29 /SF/Yr
Avg Asking Price
$8.1–$14.65 /SF/Yr
Price Range
6,529 SF
Avg Space Size

This space is priced 14% above the average of $12.29 /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
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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
More about this property
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