745 Tower Terrace RdHiawatha, IA 52233

Property Details for 745 Tower Terrace Rd

Lot size

1.63 AC

Property type

Other commercial real estate

APN

11-29-4-02-005-0-0000

APU

112940200500000

Description

This exceptional 42,000-square-foot industrial property in Hiawatha, Iowa, offers flexible warehouse and flex space options, perfect for a variety of businesses. Built in 2022, this single-story building sits on a 3.31-acre lot and is zoned C-4. The entire 42,000 square feet is currently vacant and available for lease, with a minimum divisible space of 10,000 square feet. The property boasts a 25-foot clear ceiling height, making it ideal for high-volume storage or manufacturing. Each tenant space includes at least one overhead door and one dock door, ensuring efficient loading and unloading. The building is equipped with an ESFR sprinkler system and ample power. Its prime location is less than one mile from the newly opened Tower Terrace Road/I-380 interchange, providing excellent access to major transportation routes. For tenants requiring office space, the landlord is willing to provide a build-out; the office lease rate is $14.95 per square foot, NNN. The property's APN is 112940200500000, located in Linn County. This is a rare opportunity to secure modern, efficient industrial space in a highly desirable location.

• Alternative Use

  Use

  Valuation

  Residential

  $13,378,123

  Hospitality

  $12,254,289

  Educational

  $10,195,424

  Medical

  $10,546,061

  Retail

  $15,859,549

Location Insight

City

Hiawatha

County

Linn

State

Iowa

Latitude

42.0582

Longitude

-91.6808

CBSA code

16300

CBSA name

CEDAR RAPIDS, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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