Industrial Space for
For Lease
Contact for pricing
5203 16th Ave SW, Cedar Rapids, IA 52404
9,500 SF industrial space available for lease.
Space Size9,500 SF
Property Size52,616 SF
Days on Market158
Property Features for 5203 16th Ave SW
General Information
Standard status
Active
Size
9,500 SF
Property subtype
Industrial
Lease Type
NNN
Building Details
Building Size
52,616 SF
Year Built
1978
Tenancy
Multiple
Spaces For Lease
at 5203 16th Ave SW Contact us- Size
- 9,500 SF
- Type
- Industrial
- Lease Type
- NNN
- Availability
- Active
Suite B
Listing Agency:
GLD Commercial Real Estate Advisors
Listed By:
Erica Seelman · License #IA S64720000
Source:
Crexi
Added: Mar 6
Changed: Aug 8
Last Checked: Aug 11 at 7:34PM
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
Investment Insights
Based on property information with market context.
Available for lease is a 9,500 square foot industrial space, identified as Suite B, located on 16th Ave SW in Cedar Rapids. The suite is a newly demised space within the building. The space is fully conditioned and includes 3-phase power and a sprinkler system. It also features a small office space, shared overhead and dock door, shared breakroom and restrooms, and on-site parking. The owner is willing to install a new overhead door dedicated to this space for a qualified tenant and lease terms. The tenant is responsible for their own dumpster and reimbursement of its share of utilities to the Landlord on a monthly basis. The property is suitable for flex space, industrial, warehouse, and office use.
Key Highlights
- Newly demised, fully conditioned 9,500 SF industrial space.
- 3‑phase power and sprinkler system.
- Owner willing to install a new, dedicated overhead door for qualified tenant.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$0.98 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
661
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
Lease Benchmarks for Cedar Rapids, IA
$9.25 /SF/Yr
Avg Asking Price
$6–$12 /SF/Yr
Price Range
27,575 SF
Avg Space Size
This space is priced 30% below the average of $9.25 /SF/Yr.
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - 9,500 SF industrial space available for lease.
Where is this flex space located?
The property is located at 5203 16th Ave SW Cedar Rapids, IA.
What is the lease rate?
The lease rate is $6.50 SF/Yr.
What are key features of this property?
This property features: Newly demised, fully conditioned 9,500 SF industrial space.; 3‑phase power and sprinkler system.; Owner willing to install a new, dedicated overhead door for qualified tenant.
