Building Details

Year Built 1969

Stories 1

Listing Agency: GLD COMMERCIAL Show Phone

Listed By: Rachel Waters · License #S71287000

Source: Q4realestate

Added: Jul 11 Changed: Aug 29 Last Checked: Aug 29 at 2:50PM

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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.

Located at 209 Franklin Street in Center Point, this M-1 distribution facility is occupied by a single retail distribution tenant under lease through July 2027. The building includes a showroom and waiting area, two private offices, three restrooms, and a breakroom with kitchenette.

Vehicle access is supported by four front-facing garage doors and two additional doors along the side of the building. Recent capital improvements include four replacement garage doors, new parking-lot concrete, a new HVAC system, and a new roof. On-site parking is positioned at the front, side, and rear, while a monument sign serves the property. The site also offers convenient access to I-380. Originally built in 1969, the property combines distribution functionality with customer-facing and administrative areas.

Key Highlights

• Single retail distribution tenant leased through July 2027
• M‑1 zoning at 209 Franklin Street, Center Point, Iowa
• Four front‑facing and two side garage doors

Property Analytics

Property Profile

Current Use

Center Point Auto Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Building Supply HVAC Service Hair Salon Electrical Service

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

171

Businesses Nearby

Explore this area Business Placement

Demographics for 52213, IA

4,408

Population

1,677

Households

2.6

Avg Household Size

40

Median Age

32%

College-Educated

95%

High-School Grad

72.9 sq mi

ZIP Area

60

Density / Sq Mi

$94,896

Median Household Income

$56,585

Median Earnings

$894

Median Rent

$254,400

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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What type of property is this? Where is this distribution centers located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Distribution center - M-1 industrial facility leased to one retail distribution tenant through July 2027 with offices, showroom space, and multiple garage doors.

Where is this distribution center located?

The property is located at 209 Franklin Street Center Point, IA.

What is the lease rate?

The lease rate is $475,000.

What are key features of this property?

This property features: Single retail distribution tenant leased through July 2027; M‑1 zoning at 209 Franklin Street, Center Point, Iowa; Four front‑facing and two side garage doors