Industrial Flex Space for
For Lease
$6 SF/Yr
5255 Rockwell Dr NE, Cedar Rapids, IA 52402
Versatile 12,000 SF flex/warehouse space across from Collins Aerospace, with landlord TI amortization considered.
Space SizeContact for details
Days on Market230
Property Features for 5255 Rockwell Dr NE
General Information
Standard status
Active
Property subtype
Com Lease
Zoning
Ind-LT
Amenities
ConcreteSlabGrade
CountyRoad
Building Details
Year Built
1979
Listing Agency:
Lepic-Kroeger, REALTORS
(319) 393-0900
Listed By:
Alex Miller
Source:
Pinnaclerealtyia
Added: Jan 6
Changed: Aug 23
Last Checked: Aug 23 at 2:46AM
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 Lepic-Kroeger, REALTORS
Investment Insights
Based on property information with market context.
This offering is a 12,000 square foot commercial space configured as industrial flex/warehouse property, with an open, adaptable layout intended to serve as a blank canvas for a variety of operating needs. The space is presented as flexible and ready to be shaped to fit your workspace or storage requirements, with the landlord willing to consider amortization of tenant improvements.
The property is located directly across from the Collins Aerospace campus, placing it in close proximity to a major employment and industrial presence. The setting is straightforward for tenants seeking an industrial environment with room to plan around their own improvements and interior build-out decisions.
For tenants and operators, the main advantage here is adaptability. If you need a space that can be customized for office-and-warehouse use or designed primarily around storage and operational flow, this flex/warehouse configuration provides the starting point. The landlord’s openness to amortizing tenant improvements can also be relevant for businesses planning for interior changes, enabling discussions around how to align required upgrades with your move-in timeline.
The property is located directly across from the Collins Aerospace campus, placing it in close proximity to a major employment and industrial presence. The setting is straightforward for tenants seeking an industrial environment with room to plan around their own improvements and interior build-out decisions.
For tenants and operators, the main advantage here is adaptability. If you need a space that can be customized for office-and-warehouse use or designed primarily around storage and operational flow, this flex/warehouse configuration provides the starting point. The landlord’s openness to amortizing tenant improvements can also be relevant for businesses planning for interior changes, enabling discussions around how to align required upgrades with your move-in timeline.
Key Highlights
- 12,000 SF commercial flex/warehouse space
- Located directly across from the Collins Aerospace campus
- Landlord will consider amortization of tenant improvements
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$0.90 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
673
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
$9.25 /SF/Yr
Avg Asking Price
$6–$12 /SF/Yr
Price Range
25,176 SF
Avg Space Size
This space is priced 35% below the average of $9.25 /SF/Yr.
Vacancy Rate% for Industrial in Midwest region
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Frequently Asked Questions
What type of property is this?
Flex space - Versatile 12,000 SF flex/warehouse space across from Collins Aerospace, with landlord TI amortization considered.
Where is this flex space located?
The property is located at 5255 Rockwell Dr NE 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: 12,000 SF commercial flex/warehouse space; Located directly across from the Collins Aerospace campus; Landlord will consider amortization of tenant improvements
