Property profile

1055 Linden Dr Marion, IA 52302

FOR LEASE
Strip malls
Property ID
US25-0258341
16,480 SF 2.62 ac lot Built 1995
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Marion, Iowa property at 1055 Linden Dr. offers 16,036 square feet of retail and office space, ideal for multiple tenants. The building sits on 2.62 acres of land and includes 90 parking spaces, ensuring ample convenience for clients and employees. Currently, 8,163 square feet is available, with suites ranging from a minimum of 3,277 square feet to a maximum contiguous space of 4,886 square feet. The property's executive office subtype provides a professional and modern environment, perfect for businesses seeking a high-visibility location in a thriving community. The adaptable layout allows for efficient floor planning and customization to suit various business needs. Located in Linn County, Iowa, with easy access and high visibility, this property presents a unique opportunity for businesses seeking to establish a strong presence in the Marion market. The property's modern amenities and versatile design make it an attractive option for a variety of commercial uses. Its prime location ensures high foot traffic and excellent brand exposure, making it an ideal choice for businesses looking to thrive in a dynamic and growing area. The zip code is 52302.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1995
Total area 16,480 SF
Lot 2.62 ac (114,127 SF)
APN 10-32-3-54-006-0-0000
UPID US25-0258341

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Parts Store
  • (Bike/Boat/Book/etc) Store
  • (Bike/Boat/Book/etc) Store Media Distribution

Location

1055 Linden Dr Marion, IA 52302
Marion metro Census 102 CEDAR RAPIDS, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.33M
Blend (final) Blend
$1.23M

Owner & transaction history

since 2021
5 recorded transactions
2021
Price N/A
2020
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $1.9M +10.3%
Auto repair, garage $1.8M +3.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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