Single-Tenant NNN Broadcasting
For Sale
Contact for pricing
Pending
112 N Pennsylvania Ave, Mason City, IA 50401
Fully leased broadcasting facility with 15.4 years remaining on an NNN lease.
Property Size12,278 SF
Days on Market143
Property Features for 112 N Pennsylvania Ave
General Information
Standard status
Pending
Size
12,278 SF
Property subtype
Industrial, Office, Special Purpose
Occupancy
100%
Building Details
Tenancy
Single
Listing Agency:
JLL - New York City, New York
(563) 508-4649
Listed By:
Alex Geanakos · License #IL: #475.189621
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 4:15AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JLL - New York City, New York
Investment Insights
Based on property information with market context.
The offering comprises the fee-simple interest in a 12,278-square-foot television broadcasting facility at 112 North Pennsylvania Ave in Mason City, Iowa. The building serves as the studio for KIMT-TV, also known as Channel 3 News, which operates six sub-channels and is the CBS affiliate for North Central Iowa and Southeast Minnesota. Allen Media Broadcasting occupies the property in its entirety.
The NNN lease has 15.4 years remaining and includes four (4) five-year renewal options, along with annual rent increases during the primary term and renewal periods. Allen Media Broadcasting operates 24 stations across 13 states and is a subsidiary of Allen Media Group. Mason City is approximately 120 miles north of Des Moines and has an economy supported by healthcare, manufacturing, and agriculture.
The NNN lease has 15.4 years remaining and includes four (4) five-year renewal options, along with annual rent increases during the primary term and renewal periods. Allen Media Broadcasting operates 24 stations across 13 states and is a subsidiary of Allen Media Group. Mason City is approximately 120 miles north of Des Moines and has an economy supported by healthcare, manufacturing, and agriculture.
Key Highlights
- 12,278 SF single‑tenant broadcasting facility
- Fully occupied by Allen Media Broadcasting
- 15.4 years remaining on an NNN lease
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
983
Businesses Nearby
Explore this area
Business Placement
Demographics for 50401, IA
28,981
Population
14,746
Households
2
Avg Household Size
43
Median Age
22%
College-Educated
94%
High-School Grad
148.2 sq mi
ZIP Area
196
Density / Sq Mi
$63,807
Median Household Income
$38,929
Median Earnings
$868
Median Rent
$134,100
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
NNN property - Fully leased broadcasting facility with 15.4 years remaining on an NNN lease.
Where is this nnn property located?
The property is located at 112 N Pennsylvania Ave Mason City, IA.
What are key features of this property?
This property features: 12,278 SF single‑tenant broadcasting facility; Fully occupied by Allen Media Broadcasting; 15.4 years remaining on an NNN lease
