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Distribution Warehouse with Office Space
For Lease
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4520 20th Ave SW, Cedar Rapids, IA 52404

Light Industrial zoning and adaptable office areas support a range of distribution operations.

Space SizeContact for details
Days on Market565

Property Features for 4520 20th Ave SW

General Information

Standard status Active
Zoning Light Industrial

Warehouse & Industrial

Clear Height 34 ft
Warehouse Space 212,750 SF
Office Build-Out 32,000 SF
Dock-High Doors 24
Column Spacing 50 x 50 ft
Power 1,600 amps
Voltage 480 V
Three-Phase Power Yes

Additional Details

Space Use Distribution

Taxes and HOA fees

Annual Taxes $264,896

Building Details

Year Built 1999
Listing Agency: GLD Commercial Real Estate Advisors
Listed By: Adam Gibbs · License #B43857000
Source: Kalonarealty
Added: Apr 9, 2025 Changed: Oct 24 Last Checked: Oct 24 at 3:09PM

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 GLD Commercial Real Estate Advisors

Rey
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Investment Insights

Based on property information with market context.

This distribution facility contains approximately 212,750 square feet of warehouse space and 20,000 square feet of main-floor offices, with another approximately 12,000 square feet across the second and third floors. Clear heights range from 28 to 34 feet, the column grid measures 50 by 50 feet, and the building has 24 dock doors. Electrical service is 1,600 AMP, 480V, 3-phase. Built in 1999, the property is zoned Light Industrial.

Office areas may be removed or remodeled, and additional tenant improvements may be amortized over the lease term for qualified tenants. Adjacent ground is available for additional parking or storage if needed.

Key Highlights

  • Approximately 212,750 SF of warehouse space
  • 20,000 SF of main‑floor office space plus approximately 12,000 SF on the second and third floors
  • Clear heights range from 28' to 34' with 50' x 50' column spacing

Property Analytics

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

Current Use

BHFO, Inc Big Box & Wholesale Store

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Law Firm HVAC Service Parking Lot & Garage

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

34 ft
Clear height
24
Dock-high doors
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

537
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

Lease Benchmarks for Cedar Rapids, IA

$9.13 /SF/Yr
Avg Asking Price
$6–$12 /SF/Yr
Price Range
192,920 SF
Avg Space Size

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?
Distribution center - Light Industrial zoning and adaptable office areas support a range of distribution operations.
Where is this distribution center located?
The property is located at 4520 20th Ave SW Cedar Rapids, IA.
What are key features of this property?
This property features: Approximately 212,750 SF of warehouse space; 20,000 SF of main‑floor office space plus approximately 12,000 SF on the second and third floors; Clear heights range from 28' to 34' with 50' x 50' column spacing
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