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Warehouse/Flex Space Near I-380

Tower Terrace Rd & Robins Rd, Cedar Rapids, IA

For Lease
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Build-to-suit warehouse/flex space in a live-work-play development.

Space Size20,000 SF
Lot Size18.19 Acres
Days on Market784

Property Features for Tower Terrace Rd & Robins Rd

General Information

Standard status Active
Size 20,000 SF
Lot size 18.19 Acres
Property subtype INDUSTRIAL
Lease Type NNN

Spaces For Lease

at Tower Terrace Rd & Robins Rd
Industrial Proposed Warehouse Building & BTS $8.95/SF/Yr
Floor 1
Size 20,000 SF
Type INDUSTRIAL
Lease Type NNN
Availability AVAILABLE, Completion
Sublease No
Location Overview Excellent location on Tower Terrace Rd, less than one mile east of I-380. Property Overview Build-to-suit warehouse/flex building to be located in Robins Landing, a new live-work-play development to include residential, commercial, and recreational components. ESFR sprinkler system, sidewall height of 25', ample power, multiple docks and overhead doors. Size is flexible. Landlord willing to buildout office space for a qualified tenant at an additional rate. Delivery estimated at 10-12 months from lease execution. Property Highlights • Build-to-suit warehouse/flex space • High-visibility signage opportunities • Prime location less than 1 mile from I-380
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Listing Agency: GLD Commercial
Listed By: Adam Gibbs · License IA B43857000
Source: Moodyscre
Added: Sep 17, 2024 Changed: Oct 25 Last Checked: Nov 8 at 4:56AM

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 GLD Commercial

Rey
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Investment Insights

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This build-to-suit warehouse/flex space is planned for Robins Landing, a new live-work-play development that will include residential, commercial, and recreational components. The location on Tower Terrace Rd is less than one mile east of I-380. The building will feature an ESFR sprinkler system, a sidewall height of 25 feet, and ample power. Multiple docks and overhead doors are planned. The size is flexible. The landlord is willing to build out office space for a qualified tenant at an additional rate. High-visibility signage opportunities are available. Delivery is estimated at 10-12 months from lease execution.

Key Highlights

  • Build‑to‑suit warehouse/flex space allows customization.
  • Prime location less than 1 mile from I‑380.
  • Located in Robins Landing, a new live‑work‑play development.

Property Analytics

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Open Analytics

Current Use

Flex space

Lease Details

NNN (Triple Net)
Lease Type
$1.34 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,399
Businesses Nearby
Under-served
Demand for This Use
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Cedar Rapids, IA

$8.41 /SF/Yr
Avg Asking Price
$6–$12 /SF/Yr
Price Range
76,273 SF
Avg Space Size

This space is priced 6% above the average of $8.41 /SF/Yr.

Properties on Market for Warehouses in Cedar Rapids

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Warehouse - Build-to-suit warehouse/flex space in a live-work-play development.
Where is this warehouse located?
The property is located at Tower Terrace Rd & Robins Rd Cedar Rapids, IA.
What is the lease rate?
The lease rate is $8.95 SF/Yr.
What are key features of this property?
This property features: Build‑to‑suit warehouse/flex space allows customization.; Prime location less than 1 mile from I‑380.; Located in Robins Landing, a new live‑work‑play development.
(319) 731-3415 · Office Call to check price and availability
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