2112 Robins Rd, Hiawatha, IA 52233-1049
This exceptional 59,108-square-foot industrial property in Hiawatha, Iowa, offers a prime opportunity for businesses seeking flexible warehouse or distribution space. Built in 2023, this single-story building boasts a 25-foot clear ceiling height, providing ample vertical storage capacity. The property features 11 loading docks and 8 drive-in doors, ensuring efficient loading and unloading operations. A total of 37,841 square feet is currently vacant, with spaces divisible down to 6,890 square feet. The building is equipped with an ESFR sprinkler system, energy-efficient LED lighting, and three-phase power, along with warehouse heating. Office/showroom space is also available at a separate rate. The property sits on a 4.6-acre lot and is zoned C-4. The lease rate for warehouse space is $7.95 per square foot NNN for single-bay leases and $7.50 per square foot NNN for leases of two or more bays. Office/showroom space is available at $14.95 per square foot. The owner is willing to negotiate the amortization of tenant improvements over the lease term. This property's strategic location in Hiawatha, Iowa, combined with its modern amenities and flexible lease options, makes it an ideal choice for a variety of industrial businesses. The APN is 112832600800000.
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
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