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Climate-Controlled Storage Facility with Expansion Potential
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B1-a-6900 Partners Ave, Marion, IA 52302

35,200 SF storage facility convertible to industrial use.

Space SizeContact for details
Lot Size8.80 Acres
Days on Market662

Property Features for B1-a-6900 Partners Ave

General Information

Standard status Active
Lot size 8.80 Acres

Taxes and HOA fees

Annual Taxes $126,950
Listing Agency: GLD COMMERCIAL
Listed By: Adam Gibbs · License #B43857000
Source: Exprealty
Added: Nov 8, 2024 Changed: Aug 20 Last Checked: Aug 30 at 10:37PM

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 GLD COMMERCIAL

Investment Insights

Based on property information with market context.

The property features two buildings. Building 1 is a 35,200 square foot climate-controlled storage facility that includes 20 ground-level overhead doors. It can be converted to conventional commercial or industrial use. Constructed with 3-inch insulated metal panels, the south wall of Building 1 is designed to allow for expansion of the existing building to almost 65,000 square feet. The building and 8.8-acre lot offer alternative uses and expansion possibilities. Building 1 shares a parking lot with Building 2, which is a 12,000 square foot wood frame flex building with 4 ground-level overhead doors, constructed in 2023. The site plan was designed to accommodate a total of four 12,000 square foot flex buildings. Ownership is open to selling both buildings as a package or leasing each building with various suite sizes available.

Key Highlights

  • 35,200 SF climate‑controlled storage facility (Building 1) with potential for conversion to commercial/industrial use.
  • Building 1's south wall is designed for expansion up to almost 65,000 SF.
  • Newer 12,000 SF flex building (Building 2) constructed in 2023 with 4 ground level overhead doors.

Property Analytics

Current Use

Self storage facilities

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Nail Salon Locksmith Hair Salon Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

176
Businesses Nearby

Demographics for 52302, IA

43,130
Population
18,153
Households
2.4
Avg Household Size
39
Median Age
39%
College-Educated
97%
High-School Grad
74.3 sq mi
ZIP Area
580
Density / Sq Mi
$87,463
Median Household Income
$50,234
Median Earnings
$963
Median Rent
$232,900
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Self storage facility - 35,200 SF storage facility convertible to industrial use.
Where is this self storage facility located?
The property is located at B1-a-6900 Partners Ave Marion, IA.
What are key features of this property?
This property features: 35,200 SF climate‑controlled storage facility (Building 1) with potential for conversion to commercial/industrial use.; Building 1's south wall is designed for expansion up to almost 65,000 SF.; Newer 12,000 SF flex building (Building 2) constructed in 2023 with 4 ground level overhead doors.
More about this property
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