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Flex Space With Warehouse Bay
For Lease
$1,800/Mo CAM $125 /USD/MO

3305 SW Hwy 1, Iowa City, IA 52240

CommercialLease, IowaCity, IA

Space Size2,400 SF - 4,800 SF
Lot Size0.06 Acres
Days on Market49

Property Features for 3305 SW Hwy 1

General Information

Property type Commercial Lease
Property subtype Other
Zoning CH
Interior features ZeroStepEntry
Directions West on Hwy 1 from US 218
Subdivision IowaCity
Standard status Active
APN 1125155023
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2024

Utilities

Heating system Forced Air, Natural Gas

Building Details

Year built 2015
Flooring type Concrete
Building materials SteelOrMetal
Roof type Metal
Listing Agency: Lepic-Kroeger, REALTORS
Listed By: Jeff Edberg · License #B33730000
Added: Jul 17 Changed: Aug 19 Last Checked: Sep 3 at 11:06AM
MLS# 202604464

Copyright © 2026 Iowa City Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2,400 SF flex bay, constructed in 2015, combines approximately 1,200 SF of office area with warehouse space. The office portion includes reception, a conference room, three offices, storage, and an ADA restroom, with zero-step entry. Warehouse features include a 12x14 overhead door, 16' clear height, radiant heat, A/C, floor drains at the overhead doors, insulated walls, an R-30 ceiling, and a 5" reinforced concrete floor. The building has 200 amp 3 phase electric service, LP gas, a metal roof, and steel or metal construction.

The north-facing overhead door fronts Hwy 1, while the south-facing storefront door opens toward the large parking lot. Front parking is chip n seal and rear parking is concrete. The property uses a private well and private septic system, with signage opportunities supported by reported traffic of well over 7500 cars per day. Unit 20 may also be leased for an additional 2,400 SF, subject to the stated availability terms.

Key Highlights

  • 2,400 SF flex bay with approximately 1,200 SF of office area
  • 12x14 OH door on the north side facing Hwy 1
  • 16' clear warehouse height with 5" reinforced concrete floor

Property Analytics

Current Use

J&J Enterprises Big Box & Wholesale Store BMW RECYCLERS Auto Parts Store balsa wood inc Building Supply Custom Auto Paint Auto Repair Shop Midwest Auto Detailing Car Wash

Suggested Use

Top Pick HVAC Service Electrical Service Plumbing Service Kitchen & Bath Showroom Building Supply Auto Parts Store

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

16 ft
Clear height
1
Drive-in doors
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$1.35 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

730
Businesses Nearby
Balanced
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

Market

Lease Benchmarks for Iowa City, IA

$11.26 /SF/Yr
Avg Asking Price
$8.1–$15.28 /SF/Yr
Price Range
5,810 SF
Avg Space Size

This space is priced 20% below the average of $11.26 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Versatile commercial suite combining office functions with conditioned warehouse space, dedicated loading access, and substantial parking.
Where is this flex space located?
The property is located at 3305 SW Hwy 1 Iowa City, IA.
What is the lease rate?
The lease rate is $1,925/Mo.
What are key features of this property?
This property features: 2,400 SF flex bay with approximately 1,200 SF of office area; 12x14 OH door on the north side facing Hwy 1; 16' clear warehouse height with 5" reinforced concrete floor
More about this property
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