Map of Property

43rd St Storage

1005 43rd St SE, Cedar Rapids, IA 52403

  • For Sale $925,000
  • Property Type Industrial - Storage
  • Property Size 13,450 SF
  • Units 76
  • Lot Size 1.36 Acre
  • Additional Rent Contact for pricing
  • Date Updated Oct 10, 2024
  • HVAC None
...This 77-unit site features drive up non-climate-controlled storage and another 10 exterior parking spaces that accumulate revenue as well. This deal offers a great component of value add as current rental rates ($0.52 per foot per month) are sitting far below the $0.95 per foot per month for the Cedar Rapids and Iowa City Markets. Through our analysis we find that a management crew can fully maximize this properties potential. The property is located on the east side of cedar rapids near strong and densely populated neighborhoods. One of the reasons this facility has been able to maintain 100% occupancy.

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Highlights

  • Well below market rent rates
  • 100% occupancy
  • Self-managed
  • Fully gated
  • Half concrete
  • 10x10 office space
  • Additional outdoor parking spaces

Contacts

broker

Jack Luster

SVN | CREATE Commercial Real Estate Advisors

Location

Getting Around

  • Walk Score ®

    24/100 Car-Dependent

  • Bike Score ®

    35/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Cedar Rapids, IA
  • Zip Code 52403

Points of Interest

  • Casey's General Store

    0.87 miles

  • Conoco

    2.08 miles

  • Kum & Go

    2.53 miles

  • Sinclair - Hawkeye

    2.61 miles

  • Shell

    2.71 miles

  • Fas Fuel

    2.77 miles

  • ChargePoint

    2.81 miles

  • BP

    3.11 miles

  • Tesla Supercharger

    3.16 miles

  • Tesla Destination Charger

    3.79 miles

  • Sac & Fox Trailhead

    2.16 miles

  • Excess Snow Storage Lot

    2.62 miles

  • St Wenceslaus Catholic Church Parking

    2.73 miles

  • Immaculate Conception Catholic Church Parking

    2.90 miles

  • Lot 44

    3.13 miles

  • Prairie Drive Lot

    3.18 miles

  • Upper Andreas Lot

    3.20 miles

  • Lower Andreas Lot

    3.21 miles

  • 3rd Avenue Ramp

    3.21 miles

  • GTC Ramp

    3.26 miles

  • L'Auberge

    0.75 miles

  • Little Caesars

    0.82 miles

  • Pizza Hut

    0.92 miles

  • Bruegger's Bagels

    0.93 miles

  • Papa Murphy's

    0.96 miles

  • Subway

    1.03 miles

  • Domino's

    1.04 miles

  • Vernon Bar and Grill

    1.05 miles

  • Burger King

    1.09 miles

  • Sweet Basil's Pizza Pie

    1.10 miles

  • Hy-Vee

    0.40 miles

  • K.A.F.F. Oriental & African Market

    2.70 miles

  • Babanur International Grocery

    3.19 miles

  • Town and Country Shopping Center

    3.20 miles

  • Fareway

    3.26 miles

  • Von Maur

    3.67 miles

  • Lindale Mall

    3.72 miles

  • Cassil Motors

    3.72 miles

  • TJ Maxx

    3.85 miles

  • Twixt Town Shopping Center

    3.89 miles

  • Hy-Vee Pharmacy

    0.41 miles

  • Mercy Care Vernon Village

    0.49 miles

  • West Bertram Fire Station

    0.70 miles

  • CVS Pharmacy

    1.30 miles

  • Cedar Rapids Fire Department Station 6

    1.56 miles

  • RCI

    2.46 miles

  • Dermatology Clinic of Iowa

    2.50 miles

  • CommunityHealth Free Clinic

    2.54 miles

  • Iowa Foot & Ankle Clinic

    2.61 miles

  • Walgreens

    2.65 miles

Frequently Asked Questions

How much does 43rd St Storage cost?

The space currently listed for sale at 43rd St Storage asks for $925,000.

What is the total square footage of 43rd St Storage?

43rd St Storage totals 13,450 square feet.

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Contact Listing Broker

broker

Jack Luster

SVN | CREATE Commercial Real Estate Advisors