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Renovated Industrial Warehouse with Docks
For Lease
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423 Southgate Court SW, Cedar Rapids, IA 52404

Renovated distribution warehouse with 11 docks, 20-ft sidewalls, 17-ft clear height, and substantial outdoor truck parking.

Space SizeContact for details
Lot Size5.87 Acres
Days on Market631

Property Features for 423 Southgate Court SW

General Information

Standard status Active
Lot size 5.87 Acres
Property subtype Com Lease
Zoning gen Ind
Lease Type Net

Warehouse & Industrial

Clear Height 17 ft
Dock-High Doors 11
Drive-In Doors 1
Sprinkler System Yes

Taxes and HOA fees

Annual Taxes $103,972

Amenities

Concrete
Yes
1
No
Public
5.87
5.87 Ac
Off Street
Sprinkler/Irrigation

Building Details

Year Built 1978
Year Renovated 2023
Stories 1
Listing Agency: AWRE - Commercial & Development
Listed By: Ali Rashid
Source: Pinnaclerealtyia
Added: Dec 6, 2024 Changed: Aug 28 Last Checked: Aug 29 at 5:45AM

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 AWRE - Commercial & Development

Investment Insights

Based on property information with market context.

Renovated in 2023, this industrial warehouse offers a logistics-ready configuration with 11 dock doors and one drive-in door. The facility includes 20 ft sidewalls, 25 ft column spacing, and 17 ft clear height, supported by a wet sprinkler system, Positive Air System, automatic LED lighting, and a backup generator. On-site office space totals 3,800 SF and is described as fully renovated.

The property sits on 5.87 acres at 423 Southgate Court SW in Cedar Rapids, IA 52404, with nearly 1.5 acres dedicated to outdoor truck parking. Landlord is willing to demise the space to 50,000 SF, creating flexibility for tenants needing a smaller footprint.

This offering is positioned for warehouse and distribution operations that require dock-high access, practical parking for trucks, and built-in building systems for day-to-day continuity. Flexible leasing terms and the option to occupy up to the full building can support a range of logistics warehousing and distribution uses.

Key Highlights

  • Industrial distribution warehouse on 5.87 acres with nearly 1.5 acres of outdoor truck parking
  • 11 docks plus 1 drive‑in door with 20‑ft sidewalls, 25‑ft column spacing, and 17‑ft clear height
  • 2023 complete renovation; includes 3,800 SF fully renovated office space

Property 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
11
Dock-high doors
1
Drive-in doors
Yes
Sprinkler system
NNN (Triple Net)
Lease Type

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

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Distribution center - Renovated distribution warehouse with 11 docks, 20-ft sidewalls, 17-ft clear height, and substantial outdoor truck parking.
Where is this distribution center located?
The property is located at 423 Southgate Court SW Cedar Rapids, IA.
What are key features of this property?
This property features: Industrial distribution warehouse on 5.87 acres with nearly 1.5 acres of outdoor truck parking; 11 docks plus 1 drive‑in door with 20‑ft sidewalls, 25‑ft column spacing, and 17‑ft clear height; 2023 complete renovation; includes 3,800 SF fully renovated office space
More about this property
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