For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
The Largest CRE Database in the US with Over 1 Million Listings

111 State St Mason City, IA 50401

Loading data...
Loading data...
Loading data...
For Sale
Contact for pricing

Executive Office Space - NNN Lease

Property size:
113,022 SF

Property Features for 111 State St

General Information

Property type
Office Properties & Spaces
Square Feet
113,022 SF
Lot Size
357,628 SF

Building Details

Year Built/Renovated
1990/2018

We can help!

Listing Contact
Heath Bullock
Heath Bullock

Listing Agency: SVN | CREATE Commercial Real Estate Advisors Listing Agent: Heath Bullock

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

Learn more

Property Insight Report

Overview

This exceptional 113,022 square foot executive office building, located at 111 W State Street in Mason City, Iowa, presents a compelling investment opportunity. Constructed in 1990 and extensively renovated in 2018, the property sits on a generous 8.21-acre lot within the Z-5 Central Business District (Cerro Gordo County, zip code 50401). Currently occupied by Principal Life Insurance Company under a single-tenant, NNN lease with approximately one year remaining, the lease includes annual rent increases of 1%. The landlord is responsible for maintaining the roof, foundation, underground utilities, structural components, and exterior walls. Ample parking is available, catering to a wide range of potential tenants. The building benefits from its strategic location in a revitalized area of Mason City, adjacent to a newly constructed ice arena. This prime location, coupled with the strong local workforce serving Principal Financial Group's pension operations, makes this property highly attractive for a variety of business types. The property's size and features make it ideal for a corporate headquarters or a large-scale office operation. This is a rare opportunity to acquire a well-maintained, high-profile building in a growing Iowa market.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Shazam Atm Atm Masonite Corporation Production Facility

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Mason City
County
Cerro Gordo
State
Iowa
Longitude
-93.2034485
Latitude
43.1515139

FAQs

What type of property is this?
Office Property / Space - Executive Office Space - NNN Lease
Where is this office property / space located?
The property is located at 111 State St Mason City, IA.
What are key features of this property?
This property features: 113,022 SF Executive Office building in Mason City, IA.; Single-tenant, NNN lease with Principal Life Insurance Company.; Approximately 1 year remaining on lease with 1% annual rent increases.
(515) 554-7412 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message