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Warehouse and Flex Space
For Lease
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5255 Rockwell Drive NE 4, Cedar Rapids, IA 52402

Versatile warehouse/flex space available for rent, with landlord consideration for amortized tenant improvements.

Space SizeContact for details
Days on Market1081

Property Features for 5255 Rockwell Drive NE 4

General Information

Standard status Active
Property subtype Com Lease
Zoning Ind-Lt
Lease Type Net

Amenities

Concrete
1
No
3.4
147000
Off Street

Building Details

Year Built 1979
Stories 1
Listing Agency: Cedar Valley Property Solutions-Charles City
Listed By: Lydia Fitzgerald
Source: Pinnaclerealtyia
Added: Sep 21, 2023 Changed: Sep 4 Last Checked: Sep 4 at 2:36AM

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 Cedar Valley Property Solutions-Charles City

Investment Insights

Based on property information with market context.

Available for rent is a versatile commercial property totaling 12,000 square feet, positioned directly across from the Collins Aerospace campus. The space is described as an expansive, flexible blank canvas, offering options for a workspace or storage facility depending on tenant needs.

The property is located at 5255 Rockwell Drive NE in Cedar Rapids, Iowa 52402. The landlord will consider amortization of tenant improvements, which may help support tailored build-out requirements.

This offering is best suited for tenants seeking adaptable warehouse and flex capabilities within a single, straightforward commercial building footprint.

Key Highlights

  • 12,000 SF commercial warehouse/flex space available for rent
  • Directly across from the Collins Aerospace campus
  • 1‑story building with concrete flooring

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Kitchen & Bath Showroom Parking Lot & Garage Auto Parts Store Gym & Fitness Center

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

673
Businesses Nearby
Under-served
Demand for This Use

Demographics for 52402, IA

42,072
Population
19,848
Households
2.1
Avg Household Size
36
Median Age
41%
College-Educated
95%
High-School Grad
13.7 sq mi
ZIP Area
3,071
Density / Sq Mi
$71,319
Median Household Income
$41,753
Median Earnings
$992
Median Rent
$188,700
Median Home Value

Market

Lease Benchmarks for Cedar Rapids, IA

$8.8 /SF/Yr
Avg Asking Price
$6–$12 /SF/Yr
Price Range
27,134 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
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Frequently Asked Questions

What type of property is this?
Flex space - Versatile warehouse/flex space available for rent, with landlord consideration for amortized tenant improvements.
Where is this flex space located?
The property is located at 5255 Rockwell Drive NE 4 Cedar Rapids, IA.
What are key features of this property?
This property features: 12,000 SF commercial warehouse/flex space available for rent; Directly across from the Collins Aerospace campus; 1‑story building with concrete flooring
More about this property
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