Property summary
This exceptional 115,617-square-foot industrial distribution center in Cedar Rapids, Iowa, presents a unique investment opportunity. Located at 985 Capital Dr SW, 52404, this single-tenant Class B building sits on an expansive 11-acre site, fully fenced and secured. Built in 2015, the facility boasts a 26-foot clear ceiling height, ideal for efficient warehousing and logistics operations. The property features 38 loading docks and 11 drive-in doors, ensuring seamless loading and unloading processes. In addition to the ample warehouse space, there is approximately 6,500 square feet of office space. Extensive parking is available for both cars and trucks. The building's previous use as a package processing facility provides significant power capacity. This well-maintained property offers a compelling opportunity for businesses seeking a strategically located, high-capacity distribution center. A significant incentive is available for qualified tenants: three months of free base rent. The property is situated in Linn County and offers easy access to major transportation routes. This is a rare opportunity to acquire a substantial, ready-to-occupy industrial space in a thriving market. The property is currently vacant.
Property profile
VerifiedCap rate & NOI
Current use
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Trucking Company
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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