6407 Partners Avenue - Warehouse FOR SALE


Marion, IA 52302
$4,500,000 USD
319-423-9515
6407 Partners Avenue, Marion, IA for Sale
$4,500,000 USD
Warehouse - FOR SALE
1/11
null | Request Cap Rate

6407 Partners Avenue
Marion, IA 52302


OVERVIEW

Near new 39,000sqft warehouse/office building featuring (4) leasable 9,750sqft suites including suite 100 which features 4,000sqft of office space comprised of 9 offices, 2 conference rooms, reception area, 3 bathrooms, solar panels (suite 100 only), and more. Owner would remain tenant of suite 100 at $6.95/sqft lease rate and $3.5/sqft CAM on a 3-year lease. Remaining 3 suites are 9,750sqft each and include optional retail or office space at the front with warehouse space in the rear, each equipped with (2) 14x14 drive-in overhead doors and (1) 9x10 dock door for shipping/receiving. Each warehouse suite comes with glass curtain wall entry, 6" reinforced floor, radiant tube heating, (1) 200amp electrical services, (3) rows of LED high bay lights, sprinkler system, fire alarm, surveillanced exterior, security lighting and more. Property has 40+ front parking spaces, rear exterior parking/equipment storage, and more. Opportunity to own a newer warehouse for less than the cost to build with investment/income opportunities for leasing unneeded warehouse space to tenants. Tours can be accommodated any day of the week.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$115 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Warehouse Investment Opportunity

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

21 Ft

DOCKS

4

DRIVE INS

8

PARKING SPACES

45

LAND DETAILS

LAND ACRES

4.2

LAND SF

182,952

ZONING

PD-S

APN/PARCEL ID

15032-52002-00000

ASK ABOUT THIS PROPERTY

Stefan DoerrfeldTwenty40 Real Estate + DevelopmentMore Info
319-423-9515

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Stefan DoerrfeldTwenty40 Real Estate + DevelopmentMore Info
319-423-9515

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.