6611 Partners Avenue, Marion, IA 52302
MLS Number: 2600021 |
Subtype: Commercial | Area: Marion
$
4,317,429
Long-term net leased distribution facility located in the highly desirable Marion Enterprise Center. Tenant is Spee-Dee Delivery Service Inc, a well-established regional carrier with a multi-state footprint & decades of operating history. The building features a functional industrial layout designed specifically to support last-mile distribution operations. It's currently 100% leased with approximately 8 years remaining on the primary lease term, offering investors durable, predictable cash flow and long-term income security. This offering represents a rare opportunity to acquire a credit-backed, single-tenant net-leased industrial asset in one of Eastern Iowa’s strongest industrial corridors within a professionally developed industrial park. Well suited for both 1031 exchange buyers & long-term hold investors seeking stable yield with minimal management. Members of ownership entity are licensed real estate brokers in Iowa
Property
-
County: Linn
-
Lot Size: 5.67 Ac
-
Acres: 5.6700
-
Year Built: 2018
-
Zoning: PUD
-
Gross tax: $140,956.00
Building
Total Building SF: 27,000
Ceiling Height: 21ft-25ft
Utilities
Utilities: Electricity Available, Natural Gas Available
Water Source: City Water
Sewer: City Sewer
IDX information is provided exclusively for customers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties in which consumers may have an interest. The data provided is deemed reliable but is not guaranteed accurate by the MLS, GLD Commercial and/or its affiliates.