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Climate Controlled Storage Facility with 20 Doors
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B1-b-6900 Partners Ave, Marion, IA 52302

Two-building site offers climate-controlled storage and newer flex space with multiple ground-level overhead doors.

Space SizeContact for details
Lot Size8.80 Acres
Days on Market674

Property Features for B1-b-6900 Partners Ave

General Information

Standard status Active
Lot size 8.80 Acres

Additional Details

Drive-In Doors 24

Taxes and HOA fees

Annual Taxes $126,950

Building Details

Year Built 2023
Listing Agency: GLD COMMERCIAL
Listed By: Adam Gibbs · License #B43857000
Source: Exprealty
Added: Nov 8, 2024 Changed: Sep 5 Last Checked: Sep 12 at 2:25PM

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 includes two buildings on a shared site. Building 1 is a 35,200 SF climate controlled storage facility with 20 ground level overhead doors. It is constructed with 3” insulated metal panels, and the south wall is designed to allow expansion of the existing building to almost 65,000 SF.

Building 2 is a 12,000 SF wood frame flex building built in 2023, with 4 ground level overhead doors. The two buildings share a parking lot, and the site plan was designed to accommodate a total of four 12,000 SF flex buildings. The site sits on 8.8 AC in Marion, IA.

Ownership is open to selling both buildings as a package or leasing each building, with various suite sizes available. Building 1 could be converted to a conventional commercial/industrial use, while the overall configuration supports tenants and operators looking for a mix of storage and flex space, with on-site expansion options tied to Building 1 and the designed future flex building layout.

Key Highlights

  • Two‑building site: Building 1 is a 35,200 SF climate‑controlled storage facility with 20 ground‑level overhead doors
  • Building 2 is a 12,000 SF wood‑frame flex building with 4 ground‑level overhead doors, built in 2023
  • 3" insulated metal panels with south wall designed to allow expansion of Building 1 to almost 65,000 SF

Property Analytics

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Current Use

Flex space

Suggested Use

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

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

24
Drive-in doors
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

176
Businesses Nearby
Well-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Marion, IA

$7.86 /SF/Yr
Avg Asking Price
$4.49–$10 /SF/Yr
Price Range
11,964 SF
Avg Space Size

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
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Two-building site offers climate-controlled storage and newer flex space with multiple ground-level overhead doors.
Where is this flex space located?
The property is located at B1-b-6900 Partners Ave Marion, IA.
What are key features of this property?
This property features: Two‑building site: Building 1 is a 35,200 SF climate‑controlled storage facility with 20 ground‑level overhead doors; Building 2 is a 12,000 SF wood‑frame flex building with 4 ground‑level overhead doors, built in 2023; 3" insulated metal panels with south wall designed to allow expansion of Building 1 to almost 65,000 SF
More about this property
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