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This Industrial Property is no longer advertised on LoopNet.ca.

1250 N Center Point Rd
Hiawatha, IA 52233

Industrial Property For Sale

Investment Highlights

  • Long term absolute net lease with 10 years left on the lease.
  • High bay, climate controlled warehouse with ESFR sprinkler.
  • Just off I-380.
  • Newer Precast Construction.
  • 10 docks and one drive in OHD.
  • Excess site for future expansion, outside storage or construction of a second building.

PROPERTY FACTS

Property Type Industrial
Property Subtype
Distribution
  • Flex Light Manufacturing
  • Industrial Warehouse
Building Class B
Lot Size 11.16 AC
Rentable Building Area 111,540 SF
No. Stories 1
Year Built 1996
Tenancy Single
Clear Ceiling Height 28 ft
No. Dock-High Doors/Loading 10
No. Drive In / Grade-Level Doors 1

Amenities

  • Bus Line
  • Floor Drains
  • Security System
  • Signage

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

About 1250 N Center Point Rd , Hiawatha, IA 52233

Long term, absolute NNN lease warehouse manufacturing office property with approximately 10 years remaining on lease and scheduled lease bumps. Tenant has occupied the building since it was built and has been in business for over 60 years. Absolute net lease with no landlord responsibilities. I-380 visibility, high quality, high bay tilt up concrete construction built by Ryan Companies. Features 10 docks and 1 drive in OHDs. Climate controlled warehouse. Excess site allows for future expansion, outside storage or a future building. Members of ownership are licensed Realtors in the state of Iowa.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
11322-01005-00000
Land Assessment
$850,860
Improvements Assessment
$7,946,151
Total Assessment
$8,797,012

zoning

Zoning Code c-4 (Highway Comm: efficient hwy infrastructure & space for parking a significant amount of vehicles.)
c-4 (Highway Comm: efficient hwy infrastructure & space for parking a significant amount of vehicles.)
  • Listing ID: 18290370

  • Date on Market: 2020-01-24

  • Last Updated:

  • Address: 1250 N Center Point Rd, Hiawatha, IA 52233

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