6700 Innovation Dr - Distribution FOR SALE
Cedar Falls, IA 50613 |
6700 Innovation Dr
Cedar Falls, IA 50613
HIGHLIGHTS
- New construction 86,520 sq. ft. class A industrial distribution facility for Frito-Lay located in Cedar Falls, IA operating as a regional distribution
- New 10-year NNN lease with 2% annual rent increases and minimal landlord responsibilities
- Tenant is responsible for maintenance/repair of the parking, driveway, hard surfaced areas and repair/maintenance of the mechanical and utility system
- Mission Critical Build-to-Suit Distribution Hub - a relocation and expansion of a nearby smaller product exchange center into a larger regional DC
- Convenient access to Interstate 380, and US Highways 20, 58, 63 and 218 that connect the facility to Minneapolis, Milwaukee, Omaha, Chicago, Kansas
- New Class A+ concrete tilt-up construction with 32’ clear height, 51’6’’ x 50’ column spacing (60’ in speed bays), 480V power, and concrete lot
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
New Frito-Lay Distribution Facility
PROPERTY TYPE
Industrial
PROPERTY SUBTYPE
Distribution
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2024
UTILITIES
Water, Sewer
CLEAR CEILING HT
32 Ft
DOCKS
24
DRIVE INS
1
PARKING SPACES
174
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
8914-34-251-016,8914-34-251-021,8914-34-401-005,8914-34-401-006
