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    FOR LEASE
    Strip malls

    1055 Linden Dr, Marion, IA 52302

    16,480 SF 2.62 ac lot Built 1995
    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US25-0258341
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    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
    Highland Ventures Real Estate II Ll · 4 yrs held
    Highland Ventures Real Estate II Ll
    since 2021
    5 recorded transactions
    2021
    2020
    1969
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $1.9M +10.3%
    Auto repair, garage $1.8M +3.9%
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    More about this property
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