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Flex Space with Rear Overhead Door
For Lease
$12.50 SF/Yr CAM $4.04 /USD/SF/YR

3 Escort Ln #A, Iowa City, IA 52240

CI-1 zoning accommodates light industrial, retail, and service uses.

Space Size3,500 SF
Days on Market971

Property Features for 3 Escort Ln #A

General Information

Standard status Active
Size 3,500 SF
Net Rentable 3,500 SF
Zoning CI-1
Lease Type NNN

Space & Availability

Available Space 3,500 SF
Contiguous Space 3,500 SF
Space Use Flex

Lease Terms

Lease Rate $12.50 /SF/YR
Total Rate $4,824
Monthly Rent $3,645
Rent per SF/Year $12.50
CAM $4.04 /SF/YR

Site & Location

Anchor Co-Tenants Woodcraft
Highway Access Yes
Road Access Yes
Utilities to Site Yes

Additional Details

Power 200 amps

Taxes and HOA fees

Annual Taxes $2.00

Amenities

gas Reznor heater
200-amp electrical panel
exterior walls insulated
2-bathroom locations with rough plumbing installed
ample parking
street facing retail presence
Zero Step Entry

Building Details

Year Built 2024
Listing Agency: Lepic-Kroeger, REALTORS
Listed By: Jeff Edberg · License #B33730000
Source: Kalonarealty
Added: Feb 26, 2024 Changed: Oct 24 Last Checked: Oct 24 at 2:45PM

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 Lepic-Kroeger, REALTORS

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Investment Insights

Based on property information with market context.

Built in 2024, this 3,500 SF flex bay at 3 Escort Ln #A combines a street-facing retail area with a 12x12 overhead door at the rear. Clear height measures 15'2" at the front and 13'3" at the rear. The space includes a gas Reznor heater, a 200-amp electrical panel, insulated exterior walls, and rough plumbing for two bathrooms. City services are available on site.

CI-1 zoning allows light industrial, retail, and service uses. The property is south of the Hwy 6 and Naples Ave intersection, near Woodcraft and south of Menards, with access to Hwy 218. A newly developed road behind the building provides another route for deliveries or access.

Key Highlights

  • 3,500 SF flex bay with a street‑facing retail area
  • 12x12 rear overhead door
  • Clear height of 15'2" at the front and 13'3" at the rear

Property Analytics

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Current Use

Woodcraft of Iowa City (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Restaurant Dental Office Building Supply Law Firm Pharmacy HVAC 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

Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$1.88 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

250
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

$13.1 /SF/Yr
Avg Asking Price
$9.63–$14.65 /SF/Yr
Price Range
6,551 SF
Avg Space Size

This space is priced 5% below the average of $13.1 /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 - CI-1 zoning accommodates light industrial, retail, and service uses.
Where is this flex space located?
The property is located at 3 Escort Ln #A Iowa City, IA.
What is the lease rate?
The lease rate is $12.50 SF/Yr.
What are key features of this property?
This property features: 3,500 SF flex bay with a street‑facing retail area; 12x12 rear overhead door; Clear height of 15'2" at the front and 13'3" at the rear
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