8205 6Th St Cedar Rapids, IA 52404
This exceptional new construction industrial property, located at 380 Commerce Park, offers 120,120 square feet of flexible space, divisible to a minimum of 32,760 square feet. Situated on a 25.33-acre lot in Linn County, this single-story building boasts a 32-foot clear ceiling height, 15 loading docks, and 3 drive-in doors. The property features a state-of-the-art ESFR sprinkler system, 60-foot speed bay, 50' x 52' column spacing, energy-efficient LED lighting, and 3-phase power, along with warehouse heating. Its prime location provides excellent visibility and accessibility, with I-380 frontage, convenient access to Highway 30, and proximity to the Eastern Iowa Airport. The building is zoned for general industrial use. Lease rates are $7.95 per square foot NNN for warehouse space and $14.95 per square foot for office/showroom space. The owner is willing to negotiate tenant improvement allowances. Estimated completion is Summer 2025. This is an unparalleled opportunity for businesses seeking modern, efficient, and strategically located industrial space.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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