1615 Central Ave Fort Dodge, IA 50501-4231

Property Details for 1615 Central Ave

Year built

2002

Construction

FRAME

Lot size

0.32 lot acres

Property size

3,220 SF

Property type

Flex space

APN

720409010

APU

720409010

Description

This exceptional investment opportunity presents a 3,105 square foot traditional office building located at 1615 Central Ave, Fort Dodge, IA 50501. The property is currently 100% occupied under a modified gross lease by the Mine Safety and Health Administration (MSHA), a US Federal Government agency. This provides a secure and stable investment backed by the full faith and credit of the U.S. Government. The building sits on a 0.32-acre lot and offers a long-term lease with approximately 12.9 years remaining. The property benefits from its strategic location in Fort Dodge, offering convenient access to major roadways, the Fort Dodge Regional Airport, recreational areas such as Snell-Crawford Park and Becker Wildlife Area, and UnityPoint Health Trinity Regional Medical Center. Built in 2003 to meet specific government standards, this property represents a low-risk, high-return investment opportunity due to the long-term lease with a stable, essential service provider. The strong local economy and projected population growth further enhance the property's long-term value. The building's single-tenant occupancy minimizes management complexities and ensures consistent income streams. This is a rare opportunity to acquire a fee-simple interest in a property leased by a highly creditworthy government tenant.