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- LoopNet Team
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
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
| Parcel Number | 11322-01005-00000 | Improvements Assessment | $5,587,500 |
| Land Assessment | $598,300 | Total Assessment | $6,185,800 |
PROPERTY TAXES
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.) |
Learn More About Investing in Industrial Properties
