745 Tower Terrace Rd Hiawatha, IA 52233
- Commercial real estate
- 1.63 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 745 Tower Terrace Rd
- Lot size
- 1.63 lot acres
- Property type
- 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.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hiawatha
- County
- Linn
- State
- Iowa
- Longitude
- -91.6808
- Latitude
- 42.0582
- CBSA code
- 16300
- CBSA name
- CEDAR RAPIDS, IA METROPOLITAN STATISTICAL AREA