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Temperature-Controlled Warehouse Sublease
For Lease
$6 SF/Yr

423 Southgate Ct SW, Cedar Rapids, IA 52404

Sublease options include dock-high loading, robust power, and significant cooler space for temperature-controlled storage.

Space SizeContact for details
Days on Market289

Property Features for 423 Southgate Ct SW

General Information

Standard status Active
Property subtype Com Lease
Zoning Gen Ind
Lease Type NNN

Warehouse & Industrial

Clear Height 17 ft
Dock-High Doors 10
Drive-In Doors 1
Sprinkler System Yes

Taxes and HOA fees

Annual Taxes $116,054

Amenities

ConcreteSlabGrade
5.87
CountyRoad,Paved

Building Details

Year Built 1978
Year Renovated 2023
Listing Agency: Skogman Realty Co.
Listed By: Hope Hall
Source: Pinnaclerealtyia
Added: Jan 14 Changed: Oct 28 Last Checked: Oct 30 at 12:42PM

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.

These warehouse and distribution sublease offerings at 413 & 423 Southgate Ct SW in Cedar Rapids include extensive functional improvements suited to logistics use. 413 Southgate Ct SW provides 20' sidewalls, 25' column spacing, and 6 dock doors with levelers plus 4 additional dock doors with direct rail spur access. It also includes a substantial 66,000 SF of cooler space, along with extensive power, and the landlord is open to demising the space.

423 Southgate Ct SW totals 104,040 SF and sits on 5.87 acres with nearly 1.5 acres of outdoor truck parking. The facility features 20' sidewalls, 25' column spacing, and 17' clear height. Loading includes 11 docks and 1 drive-in door, supported by a wet sprinkler system, positive air system, auto LED lighting, and a backup generator.

Both options include practical specifications for warehouse and distribution tenants, with capabilities for temperature-controlled storage at 413 Southgate Ct SW. 423 Southgate Ct SW further includes 3,800 SF of fully renovated office space, and the building underwent a complete renovation in 2023. Contact the listing agent for additional sublease details and any available demising options.

Key Highlights

  • 100,496 SF warehouse sublease at 413 Southgate Ct SW with 20' sidewalls, 25' column spacing, and extensive power for a variety of operations
  • 66,000 SF of cooler space at 413 Southgate Ct SW, plus 10 dock doors total (6 with levelers and 4 with direct rail spur access)
  • 104,040 SF warehouse at 423 Southgate Ct SW on 5.87 acres with nearly 1.5 acres of outdoor truck parking

Property Analytics

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

Current Use

Warepak Corporation (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Dental Office Real Estate Agency Law Firm Skin Care Clinic Garden Center Grocery & Convenience 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

17 ft
Clear height
10
Dock-high doors
1
Drive-in doors
Yes
Sprinkler system
NNN (Triple Net)
Lease Type
$0.90 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

470
Businesses Nearby

Demographics for 52404, IA

43,385
Population
19,923
Households
2.2
Avg Household Size
35
Median Age
22%
College-Educated
94%
High-School Grad
56.6 sq mi
ZIP Area
767
Density / Sq Mi
$62,304
Median Household Income
$38,865
Median Earnings
$885
Median Rent
$159,700
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?
Refrigerated & cold storage - Sublease options include dock-high loading, robust power, and significant cooler space for temperature-controlled storage.
Where is this refrigerated & cold storage located?
The property is located at 423 Southgate Ct SW Cedar Rapids, IA.
What is the lease rate?
The lease rate is $6 SF/Yr.
What are key features of this property?
This property features: 100,496 SF warehouse sublease at 413 Southgate Ct SW with 20' sidewalls, 25' column spacing, and extensive power for a variety of operations; 66,000 SF of cooler space at 413 Southgate Ct SW, plus 10 dock doors total (6 with levelers and 4 with direct rail spur access); 104,040 SF warehouse at 423 Southgate Ct SW on 5.87 acres with nearly 1.5 acres of outdoor truck parking
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