6407 Partners AveMarion, IA 52302

For Sale
$4,680,000

Modern 39,000 sqft warehouse with income potential.

Overview

Added:
Feb 3
Days on market:
37
This exceptional investment opportunity presents a nearly new, 39,000-square-foot warehouse/office building situated on a 4.2-acre lot in Marion, Iowa. The property boasts four leasable suites, each spanning 9,750 square feet. One suite (Suite 100) offers 4,000 square feet of office space, complete with nine individual offices, two conference rooms, a reception area, and three bathrooms. This suite also features solar panels and is currently leased to the owner at a rate of $6.95 per square foot, with CAM charges of $3.50 per square foot on a three-year lease. The remaining three suites provide a flexible layout, suitable for either retail or office space at the front and warehouse space in the rear. Each of these warehouse suites includes two 14x14 drive-in overhead doors and one 9x10 dock door for efficient shipping and receiving. Additional features for these suites include a glass curtain wall entry, a 6-inch reinforced floor, radiant tube heating, 200-amp electrical service, three rows of LED high-bay lights, a sprinkler system, a fire alarm, and exterior surveillance with security lighting. The property offers ample parking, with over 40 spaces at the front and additional exterior parking and equipment storage at the rear. This presents a unique chance to acquire a nearly new warehouse at a cost lower than new construction, while simultaneously generating income through leasing the available warehouse space. Daily tours are available.

Property Details for 6407 Partners Ave

Property type
Retail properties, Other retail properties
Year Built
2022
Lot Size (sq. ft)
182,952 SF

Location Insight

City
Marion
County
Linn
State
Iowa
Latitude
42.02822
Longitude
-91.5394
6407 Partners Ave, Marion, Iowa

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6407 Partners Ave
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