208 Quaker Ml Dr Manchester, IA 52057-1056
This exceptional 47,432-square-foot industrial property, located at 208 Quaker Mill Dr, Manchester, IA 52057, presents a unique opportunity for businesses seeking warehouse, distribution, or manufacturing space. Built in 1960 and extensively renovated in 2023, this single-story building boasts a 18.5-foot (peak) ceiling height, providing ample vertical space for storage and operations. The property features two dock-high doors and two drive-in doors, ensuring efficient loading and unloading. Power is robust, with 800 amps, 480v, 3-phase electrical service available. Modernizations include motion-sensor LED lighting and a 100% wet-sprinkler fire suppression system, enhancing safety and efficiency. Significant recent improvements encompass interior and exterior painting, and the installation of new natural gas heaters. Roof longevity is further ensured by a 65% replacement completed since 2016. The property sits on a 3.6-acre lot. The full building is available for lease at $3.25 per square foot, NNN. The owner is also open to leasing smaller suites of approximately 20,000 square feet. This prime location in Manchester, Iowa offers easy access to transportation networks, making it an ideal choice for businesses seeking a modern and functional industrial space.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.