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    701 Tama St Marion, IA 52302

    Sponsored
    For Lease
    $8 SF/Yr

    Class A Office Suites, Flexible Sizes

    Lot size:
    40,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    701 Tama Street SE in Marion, Iowa, offers a diverse range of premium office spaces for lease. This Class A property boasts a total of 40,000 square feet across two stories, housed within a single building in Linn County. The building is ideally suited for a variety of businesses, catering to executive office needs, coworking spaces, medical offices, and creative office environments. Multiple tenancy options are available, with a minimum leasable space of 6,000 square feet and a maximum contiguous space of 25,000 square feet. Currently, there are 22,000 square feet of vacant space ready for immediate occupancy. The property's location in Marion, Iowa, zip code 52302, provides convenient access to local amenities and transportation networks. This versatile property presents a unique opportunity for businesses seeking flexible and high-quality office accommodations in a thriving community. The building's design and amenities are tailored to meet the demands of modern professional settings, ensuring a productive and comfortable work environment. Interested parties are encouraged to inquire about available spaces and lease terms. The property is categorized as Professional Office space, further highlighting its suitability for a wide range of businesses.

    Property Features for 701 Tama St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    40,000 SF
    Class
    A
    Total Rate
    29833.33

    Building Details

    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Building A - Floor 1
    Size
    25,000 SF
    Rate per SF
    $8
    Space
    Building B - Floor 2
    Size
    10,000 SF
    Rate per SF
    $8
    Space
    Building A - Floor 2
    Size
    25,000 SF
    Rate per SF
    $8

    HighLights

    • 3 Months Free Rent offered.
    • Tenant Improvement (TI) allowance available.
    • New roof and HVAC system in Building B.
    • Campus‑like setting with scenic views.
    • Impressive two‑story open foyer.
    • Multiple private offices available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Marion
    County
    Linn
    State
    Iowa
    Longitude
    -91.6175357
    Latitude
    42.018454

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    FAQs

    What type of property is this?
    Office space - Class A Office Suites, Flexible Sizes
    Where is this office space located?
    The property is located at 701 Tama St Marion, IA.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: 3 Months Free Rent offered.; Tenant Improvement (TI) allowance available.; New roof and HVAC system in Building B.
    Request Owner's contact information
    701 Tama St Marion, IA 52302
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    Marion, IA 52302
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    701 Tama St Marion, IA 52302
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