For Sale

415 62nd St

415 62nd St,
Marion, IA 52302
Represented by
GLD Commercial

Asset Snapshot

Assisted Living
Industrial Subtype
2004
Year Built
1
Floor Count
1.48 Acres
Land Area
100%
Occupancy

Offering Summary

Investment Overview

Fully leased industrial property in Marion consisting of two buildings on a single parcel. The property includes 12 units ranging in size from approximately 466 SF to 2,850 SF, providing a mix of small-bay spaces. The property has maintained strong historical occupancy and offers consistent in-place income. Leases are currently structured on a gross basis, presenting an opportunity to transition to NNN and improve expense recovery. Additional upside may be achieved through modest improvements and rent adjustments.


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Listing Syndicated From

Buildout
For Sale
$1,465,000
Asking Price

Investment Sales Broker

Rachel Waters
GLD Commercial