Listed by Stanbrough Realty
$995,000
740 KACENA RD HIAWATHA IA 52233-1290
Details
APN 112947600100000
Property Type Industrial
Sub Type Flex, Warehouse
Square Footage 6,528
Net Rentable (SqFt) 6,528
Units 1
Tenancy Multi
Lease Type Modified
Lease Term 5
Lease Expiration 06/30/2030
Class B
Year Built 2003
Year Renovated 2021
Buildings 1
Stories 1
Acreage 2.110
Zoning I-2
Investment Type Owner/User
Lease Commencement 06/01/2026
Ground Lease No
Ceiling Height 15
Warehouse with Outdoor Storage
Marketing description
Well-maintained industrial office/flex building built in 2003 on a 2.11-acre site in Hiawatha. Metal siding and roofing, central HVAC, 15' clear height, and three overhead doors. The 6,528 SF building offers a finished office layout with 5 offices, 1 conference room, 2 breakrooms, 2 bathrooms, and a warehouse area - plus significant excess land for expansion.
Excess Land includes a pad site for an additional 12,000 SF building.
Current Lease / Income: In-place tenant occupies 3,000 SF on the north side of the building on a 5-year lease at $2,480/month modified gross. The remaining 3,528 SF of finished office/flex space will be vacant upon sale and available.
Investment highlights
- Asking Price: $995,000
- Price/SF: $152
- Net Real Estate Taxes: $17,342
- Building Size: 6,528 SF
- Excess Land: 12,000 SF building pad for additional development
- Lot Size: 2.11 Acres (91,912 SF)
- Year Built: 2003
- Zoning: I-2 Industrial
- Construction: Metal Siding & Roofing
- HVAC: Central
- Clear Height: 15 Ft
- Overhead Doors:
- 1 10x10 ft
- 2 14x14 ft
Listing Contacts
Listed by Stanbrough Realty
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Zoning
I-2 IndustrialIndustrial
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