Search
Modern Flex Warehouse Suite
For Lease
Contact for pricing

655 Capital Drive SW, Cedar Rapids, IA 52404

West-side flex suite offers Capital Drive frontage, four loading docks, restrooms, and a 16' overhead door.

Space SizeContact for details
Days on Market308

Property Features for 655 Capital Drive SW

General Information

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

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Dock-High Doors 4

Taxes and HOA fees

Annual Taxes $186,796

Amenities

Concrete
Yes
1
No
Public
3.87
3.87 Acre
Off Street
Sprinkler/Irrigation

Building Details

Year Built 2022
Stories 1
Listing Agency: Lepic-Kroeger, REALTORS
Listed By: Tatiana McClinton
Source: Pinnaclerealtyia
Added: Oct 27, 2025 Changed: Aug 28 Last Checked: Aug 30 at 2:25PM

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.

The final available suite in a new, modern flex warehouse is located on the west side of the building. The space includes restrooms, LED lighting, four loading docks, and a 16' overhead door. Dock or drive-in OHD access is supported, along with generous parking.

The property sits at the corner of Capital Drive and 6th Street SW, with 150+ feet of frontage along Capital Drive. It is about one block from I-380 at the Wright Brothers Blvd/The Eastern Iowa Airport exit and is visible from a signalized intersection and the entrance to Airport Commerce Park.

Ownership will amortize tenant-specific build-out costs over the lease term, and the ownership group includes licensed Iowa realtors.

Key Highlights

  • West‑side flex warehouse suite with 150+ ft frontage along Capital Drive
  • Located at the corner of Capital Drive and 6th Street SW, visible from a signalized intersection
  • Suite includes 4 loading docks and a 16' overhead door (OHD) plus dock or drive‑in access

Property Analytics

Current Use

Hy-Vee Regional Bakery Bakery

Suggested Use

Top Pick Auto Parts Store Storage Facility Bakery (Bike/Boat/Book/etc) Store Pharmacy Kitchen & Bath Showroom

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

4
Dock-high doors
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

142
Businesses Nearby
Well-served
Demand for This Use

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

$9.43 /SF/Yr
Avg Asking Price
$6–$12 /SF/Yr
Price Range
24,800 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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - West-side flex suite offers Capital Drive frontage, four loading docks, restrooms, and a 16' overhead door.
Where is this flex space located?
The property is located at 655 Capital Drive SW Cedar Rapids, IA.
What are key features of this property?
This property features: West‑side flex warehouse suite with 150+ ft frontage along Capital Drive; Located at the corner of Capital Drive and 6th Street SW, visible from a signalized intersection; Suite includes 4 loading docks and a 16' overhead door (OHD) plus dock or drive‑in access
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message