Cedar Rapids, Iowa, is an attractive location for businesses seeking to lease industrial space, with its strategic position at the core of the Interstate 380 corridor and its reputation as a key economic center in the state. The city's rich cultural scene, excellent transportation infrastructure, and strong educational institutions make it an ideal place to establish or expand a business. With 13 industrial spaces for lease, Cedar Rapids offers a range of options for companies looking to capitalize on its many advantages. The city's average annual rent per square foot is $14 USD, making it an attractive option for businesses seeking to minimize costs. Additionally, Cedar Rapids is home to several major corporations, including Rockwell Collins, Transamerica Corporation, and General Mills, which contribute to the city's economic vitality.
Cedar Rapids' industrial spaces for lease offer a unique combination of amenities, infrastructure, and location. The city's industrial spaces are situated near major highways, railroads, and the Eastern Iowa Airport, providing easy access to regional and national markets. In addition to industrial spaces, Cedar Rapids also offers a range of other property types, including flex spaces, commercial real estate, land, and restaurants. The city's flex spaces are ideal for businesses seeking flexible, adaptable spaces, while its commercial real estate options offer a range of opportunities for companies looking to establish a strong presence in the area. With its strong educational institutions, including Coe College and Mount Mercy University, Cedar Rapids is also an attractive location for businesses seeking to tap into the local talent pool. Overall, Cedar Rapids' industrial spaces for lease offer a unique combination of advantages that make it an attractive option for businesses seeking to establish or expand a presence in the region.
What is the average size of industrial space for lease in the Cedar Rapids market?
The average size of industrial space for lease in the Cedar Rapids market is 51,264 square feet, with a total of 13 available listings, and a maximum space size of 386,187 square feet.
What do I need to look for when leasing an industrial space in Cedar Rapids?
When leasing an industrial space in Cedar Rapids, there are several key factors to consider to ensure you find the right property for your business needs.
- First, consider the size of the space, with average sizes ranging from 51,264 square feet to 386,187 square feet, and ensure it can accommodate your equipment, inventory, and staff.
- Next, evaluate the location, taking into account proximity to major highways, such as Interstate 380, and access to rail services, including the Union Pacific, Cedar Rapids and Iowa City Railway, Canadian National, and Iowa Northern Railway Company.
- Finally, review the lease terms, including the average annual rent of $14 USD per square foot, and negotiate a deal that fits your budget, with 13 available listings to choose from.
