MIDWEST COMMERCE PARK Cedar Rapids / Iowa City Corridor
Located at the Eastern Iowa Airport Exit CEDAR RAPIDS, IOWA
NEW DISTRIBUTION WAREHOUSE FOR LEASE 150,000 SF AVAILABLE—DIVISIBLE
1145 Capital Drive SW 1145 Capital Drive SW
Exclusively Represented by:
Tiffany Earl Williams Midwest Commerce Park •
Aerial View - Commerce Park Site Midwest Commerce Park Cedar Rapids, Iowa
Wright Brothers Blvd
Capital Drive SW
Site
Up to 150,000 SF 8th St SW St 8th
Under
Construction
Commerce Park Drive SW
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Midwest Commerce Park Features: Midwest Commerce Park Cedar Rapids, Iowa
• New distribution hub with high bay storage and various heights available Property Overview • Blocks from I-380 Ramp / .5 miles from highway 30 / 17 miles to I-80 Property Description: Industrial/Warehouse/Flex • ESFR sprinkler • 30-32’ Clear Year Completed: 2021 — Q1 • Blocks from the Eastern Iowa Airport / Foreign Trade Zone Capable / New Intermodal Total Building Area (SF): 150,000 SF • Next door to FedEx Ground Facility • Close Proximity to Future Intermodal Facility Available SF for Lease: Up to 150,000 SF (divisible) Members of Ownership are licensed Realtors in the State of Iowa. Twenty Seven (27) 10’x 9’ docks with Docks: hydraulic levelers and enclosures. Additional docks can be added.
Includes multiple16’ drive in OHD. Overhead Door: Additional OHDs can be added.
Trailer Storage: Available
Lot Size: 20.18 acres
19291-27002-00000 Parcel No : & 19291-51008-00000
Zoning: I-L1 Light Industrial
CAM / Insurance: Estimate for 2021- $1.95/SF
$4.95*/SF Shell Rate: Will amortize TI over Term
*Rate to adjust annually by 2% for cost of living.
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Site Plan Midwest Commerce Park Cedar Rapids, Iowa
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Aerial View Midwest Commerce Park Cedar Rapids, Iowa
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Aerial View Midwest Commerce Park Cedar Rapids, Iowa
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Location Overview Cedar Rapids, Iowa, is a vibrant urban hometown in the heart of east central Iowa. As the sec- ond largest city in the state, Cedar Rapids is… • The largest corn-processing city in the world • The second largest producer of wind energy in the United States • One of the leading manufacturing regions in the United States • One of the leading bio-processing and food ingredient centers in North America Downtown Cedar Rapids, Iowa According to the US Census Bureau, 126,326 people live in Cedar Rapids. The population of the Cedar Rapids, Iowa Metropolitan Statistical Area (MSA), representing three counties, is 262,421 people. That’s more than 8 percent growth since 2000. Cedar Rapids is home to almost 300 different manufacturing plants and two dozen Fortune 500 companies.
Cedar Rapids Top 10 Employers Cedar Rapids MSA Name Employment 262,421 People Rockwell Collins 9,400 175,761 Jobs TransAmerica 3,800 Kernels Stadium —Class A Minor Baseball 7,542 Companies Unity Point Health 2,979 Cedar Rapids Community Schools 2,879 3 Counties Nordstrom Direct 2,150 86 Cities Mercy Medical Center 2,140 18 School Districts City of Cedar Rapids 1,309
6 Colleges & Universities Four Oaks (Non-Profit) 1,100 Linn-Mar Community Schools 987 21,866 College Students Quaker Foods & Snacks 920
Skyline—Cedar Rapids, Iowa
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Delivery Time of Goods in Transit from Cedar Rapids
Days by Miles City Motor Freight (Highway) (Truckload) Atlanta 816 2 Chicago 223 1 Cleveland 551 1 Denver 787 2 Detroit 482 1 Houston 1,022 2 Kansas City 312 1 Los Angeles 1,845 3 Milwaukee 242 1 Minneapolis 265 1 New Orleans 953 2 New York 1,018 2
Omaha 251 1
St. Louis 291 1
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Work Force / Labor Shed
ESTIMATED POPULATION AGES 18-64 751,759
ESTIMATED TOTAL LIKELY TO ACCEPT EMPLOYMENT IN CEDAR RAPIDS, IA
102,013
LIKELY TO CHANGE/ACCEPT EMPLOYMENT IN CEDAR RAPIDS, IA BY PLACE OF RESIDENCE (PER ZIP CODE)
Data compiled and analyzed by: Iowa Workforce Development Labor Market Information Division
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Non-Stop Air Travel from Eastern Iowa Airport
Location Carrier Atlanta (ATL) Delta
Charlotte (CLT) American Airlines American Airlines Chicago (ORD) United Express
Dallas (DFW) American Airlines Frontier Airlines Denver (DEN) United Express Detroit (DTW) Delta
Las Vegas (LAS) Allegiant
Los Angeles (LAX)* Allegiant
Minneapolis/St. Paul (MSP) Delta
Orlando (SFB) Allegiant
Phoenix/Mesa (AZA) Allegiant
Punta Gorda/Ft. Myers (PGD) Allegiant
Tampa/St. Petersburg (PIE) Allegiant
* Seasonal Summer Destination
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Midwest Commerce Park National Highway System Cedar Rapids, Iowa
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