Distribution Center

Investment Overview

Centrally located distribution center only 15 blocks from I-29. The building is demised into four suites and is currently 100% occupied. A long term tenant is renting Suite C on a short term lease and Suites A, B & D are expected to be vacated by owner in August of 2027. The property's east boundary is separated from Union Pacific and Chicago, Central & Pacific rail lines by a 27' access road owned by Hawkeye Building Supply to the south. 16 east facing docks, one drive-in door with a concrete ramp and an exterior 16' covered dock platform on the southwest corner. 17'3" clear on east wall and 16'7" clear on west wall. 22'4" east to west column spacing and 27'2" north to south column spacing. Electric is separately metered for 3 tenants; a 240V 600 amp service and two 200 amp services. 3 gas heaters in each suite. 6" reinforced concrete floors. Dry sprinkler system. New $300,000 rubber membrane roof with 20-yr. warranty installed on 3/7/23. There are offices in 3 of the 4 suites totaling 5,019 SF. CAD floor plan available.