Hiawatha Warehouse/Flex Space
For Lease
$9 SF/Yr NNN
1470 Ketelsen Dr, Cedar Rapids, IA 52233
Build-to-suit warehouse/flex space in Hiawatha, Iowa.
Space SizeContact for details
Days on Market1951
Property Features for 1470 Ketelsen Dr
General Information
Standard status
Active
Property subtype
Com Lease
Zoning
C-4
Lease Type
NNN
Amenities
ReinforcedConcrete
5.58
CountyRoad,Paved
Building Details
Year Built
2021
Listing Agency:
Lepic-Kroeger, REALTORS
(319) 393-0900
Listed By:
Lisa Coots-Schooley
(641) 781-0867
Source:
Pinnaclerealtyia
Added: Jun 17, 2021
Changed: Oct 15
Last Checked: Oct 19 at 3:40AM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This build-to-suit warehouse/flex building is located in Hiawatha, Iowa, at the corner of Ketelsen Drive and N Center Pt Rd, approximately 1/2 mile north of the I-380/Boyson Rd interchange. The property features an ESFR sprinkler system, a sidewall height of 25 feet, and ample power. It includes a combination of dock and ground-level doors. The warehouse lease rate is $9.50 per square foot NNN, and the office/retail area lease rate is $14.95 per square foot NNN. The owner is willing to amortize additional tenant-required improvements over the lease term. Available space ranges from 10,000 to 30,000 square feet. This property is suitable for warehouse, flex space, industrial, office, retail, and other commercial real estate uses.
Key Highlights
- Build‑to‑suit warehouse/flex space with 10,000 - 30,000 SF available.
- Convenient location: corner of Ketelsen Dr and N Center Pt Rd, Hiawatha, near I‑380/Boyson Rd interchange.
- ESFR sprinkler system.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
333
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 52233, IA
7,091
Population
3,123
Households
2.3
Avg Household Size
39
Median Age
31%
College-Educated
97%
High-School Grad
3.9 sq mi
ZIP Area
1,818
Density / Sq Mi
$66,497
Median Household Income
$44,111
Median Earnings
$846
Median Rent
$200,500
Median Home Value
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Market
Lease Benchmarks for Cedar Rapids, IA
$8.35 /SF/Yr
Avg Asking Price
$6–$10 /SF/Yr
Price Range
31,415 SF
Avg Space Size
This space is priced 8% above the average of $8.35 /SF/Yr.
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - Build-to-suit warehouse/flex space in Hiawatha, Iowa.
Where is this flex space located?
The property is located at 1470 Ketelsen Dr Cedar Rapids, IA.
What is the lease rate?
The lease rate is $9 SF/Yr.
What are key features of this property?
This property features: Build‑to‑suit warehouse/flex space with 10,000 - 30,000 SF available.; Convenient location: corner of Ketelsen Dr and N Center Pt Rd, Hiawatha, near I‑380/Boyson Rd interchange.; ESFR sprinkler system.
