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Downtown Marshalltown Office Space
For Lease
$5.50 SF/Yr

202 W State St, Marshalltown, IA 50158

Office space for lease in downtown Marshalltown, Iowa.

Space SizeContact for details
Days on Market170

Property Features for 202 W State St

General Information

Standard status Active
Property subtype Office

Building Details

Year Built 1976
Listing Agency: NAI Iowa Realty Commercial - Des Moines
Listed By: Matt T. Connolly · License #B56244000
Source: Naiglobal
Added: Mar 6 Changed: Jul 6 Last Checked: Aug 23 at 3:31AM

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 NAI Iowa Realty Commercial - Des Moines

Investment Insights

Based on property information with market context.

This property offers over 12,000 square feet of office space in downtown Marshalltown, Iowa. The location is just north of Main Street and a 5-minute walk to the Courthouse. The area is walkable. Tenant improvements are negotiable with a long-term lease. Estimated operating expenses are $3.40 per square foot. The property is conveniently located just off Main Street in downtown Marshalltown.

Key Highlights

  • Over 12,000 SF of office space available.
  • Great downtown Marshalltown location, just north of Main Street.
  • TI (Tenant Improvements) Negotiable with long‑term lease.

Property Analytics

Current Use

Public Defender Office Public Defender'S Office America One Plumbing ... Plumbing Service Life Investors Financial ... Insurance Agency

Suggested Use

Top Pick Real Estate Agency Grocery & Convenience Store Electrical Service Cafe & Coffee Shop Computer & Electronic Repair Carpet & Flooring Store

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
$0.83 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,035
Businesses Nearby

Demographics for 50158, IA

31,466
Population
12,614
Households
2.5
Avg Household Size
38
Median Age
21%
College-Educated
84%
High-School Grad
212.2 sq mi
ZIP Area
148
Density / Sq Mi
$71,212
Median Household Income
$40,437
Median Earnings
$865
Median Rent
$130,500
Median Home Value

Market

Lease Benchmarks for Marshalltown, IA

$12.59 /SF/Yr
Avg Asking Price
$5.5–$15.99 /SF/Yr
Price Range
3,573 SF
Avg Space Size

This space is priced 56% below the average of $12.59 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Office space for lease in downtown Marshalltown, Iowa.
Where is this office units located?
The property is located at 202 W State St Marshalltown, IA.
What is the lease rate?
The lease rate is $5.50 SF/Yr.
What are key features of this property?
This property features: Over 12,000 SF of office space available.; Great downtown Marshalltown location, just north of Main Street.; TI (Tenant Improvements) Negotiable with long‑term lease.
More about this property
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