1 Parsons Dr Hiawatha, IA 52233
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73,674 SF Office Building, Vacant, $108/SF
Property size:
73,674 SFProperty Features for 1 Parsons Dr
General Information
- Property type
- Medical offices
- Square Feet
- 73,674 SF
- Class
- B
- Lot Size
- 250,034 SF
Building Details
- Year Built/Renovated
- 1991/2017
- Buildings
- 1
- Stories
- 2
- Units
- 4
Listing Agency: Cushman & Wakefield - West Des Moines, Iowa Listing Agent: Josh Seamans
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional 73,674 square foot Class B office building, located at 1 Parsons Drive in Hiawatha, IA (a northern suburb of Cedar Rapids), presents a unique owner/user opportunity. The property, built in 1991 and extensively renovated in 2017, features four units across two stories within a single building situated on a 5.74-acre lot. The building boasts high-end amenities including a kitchenette (speakeasy bar), training rooms, a fitness facility, entertainment areas, and a full-service cafeteria. With ample parking (400+ spaces) and convenient access to I-380, this property is ideally suited for a variety of office uses, including executive, medical, and traditional office spaces. The asking price is $7,950,000, translating to $107.91 per square foot. The property is currently vacant and zoned for commercial use. The Net Net Net (NNN) lease structure offers flexibility for the new owner. The property's features and location make it an attractive investment opportunity. The Linn County location and 52233 zip code provide easy access to a strong workforce and regional amenities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
ATM
Atm
GoDaddy- Hiawatha
Data Center
Location Insight
- Map
- Local Demand
- City
- Hiawatha
- County
- Linn
- State
- Iowa
- Longitude
- -91.6743399
- Latitude
- 42.0409218
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FAQs
What type of property is this?
Medical office - 73,674 SF Office Building, Vacant, $108/SF
Where is this medical office located?
The property is located at 1 Parsons Dr Hiawatha, IA.
What is the asking price?
The asking price for this property is $7,950,000.
What are key features of this property?
This property features: 73,674 SF Class B office building in Hiawatha, IA (Cedar Rapids suburb).; 1991 construction, extensively renovated in 2017.; Four units across two stories on a 5.74-acre lot.
