415 62nd St
Marion, IA 52302

$1,350,000

  • 19,592
    Square Feet

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.

Property Highlights

  • Cooling

    No A/C

  • Flooring

    Concrete Slab/Grade

  • Heating

    Gas, No Heating

  • Taxes

    $34,294 Taxes

  • Year Built

    Built in 2004

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