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423 Southgate Court SW, Cedar Rapids, IA 52404

MLS Number: 2408247   |   Subtype: Commercial   |   Area: SW Quadrant
$ 6.25 /SF
104,040 SF industrial property situated on 5.87 acres, featuring nearly 1.5 acres of outdoor truck parking. 20 ft sidewalls, 25 ft column spacing, and 17 ft clear height. Key features include 11 docks, 1 drive-in door, a wet sprinkler system, a Positive Air System, automatic LED lighting, and a backup generator for operational reliability. The property also offers 3,800 SF of fully renovated office space, and the building underwent a complete renovation in 2023. Flexible leasing options available—Landlord is willing to demise the space to 50,000 SF. This is a sublease opportunity ideal for logistics warehousing and distribution.

Property

  • County: Linn
  • Lot Size: 5.87 Ac
  • Acres: 5.8700
  • Year Built: 1978
  • Zoning: gen Ind
  • Gross tax: $103,972.00

Building

Total Building SF: 104,040
Ceiling Height: 15ft-20ft

Utilities

Utilities: Electricity Available, Natural Gas Available
Heating/Cooling: Gas Heat
Power Available: See Remarks
Water Source: City Water
Sewer: City Sewer

Lease Terms

Lease Type: Net
Lease Price per SF: $6.25
Tenant Pays: Common Area Maintenance, Electricity, Gas, Heat, Insurance, Janitorial Service, Taxes, Trash Collection, Water

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