1470 Ketelsen Dr Hiawatha, IA 52233

Property Details for 1470 Ketelsen Dr

Lot size

5.58 lot acres

Property type

Commercial real estate

APN

11-29-3-78-001-0-0000

APU

112937800100000

Description

This exceptional 30,000-square-foot industrial flex building, constructed in 2021, presents a unique opportunity in Hiawatha, Iowa. Located at 1470 Ketelsen Dr, this single-story structure sits on a generous 5.58-acre lot and offers flexible space options ranging from 10,000 to 30,000 square feet, currently entirely vacant. The building boasts a 25-foot ceiling height, providing ample vertical space for various uses. The property features a combination of dock-high and ground-level loading doors, enhancing operational efficiency. A state-of-the-art ESFR sprinkler system ensures superior fire protection. The building is equipped with ample power to accommodate diverse tenant needs. The zoning is C-4. The lease rate is $9.50 per square foot NNN for warehouse space and $14.95 per square foot NNN for office/retail areas. The owner is willing to work with tenants to amortize the cost of additional tenant improvements over the lease term. This prime location offers convenient access to major transportation routes, situated on the corner of Ketelsen Dr and N Center Pt Rd, just half a mile north of the I-380/Boyson Rd interchange. The Linn County property (APN: 11293-78001-00000) offers a strategic advantage for businesses seeking efficient and modern industrial space in a thriving area. The entire 30,000 square feet is available for immediate occupancy.