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Industrial - Marion, IA
Long-term leased industrial distribution facility located within the highly desirable Marion Enterprise Center. The property is occupied by Spee-Dee Delivery Service Inc, a well-established regional carrier with a multi-state footprint and decades of operating history. The building was purpose-built for Spee-Dee approximately seven years ago and features a functional industrial layout designed specifically to support last-mile distribution operations. The property is currently 100% leased with approximately 8 years remaining on the primary lease term, offering investors durable, predictable cash flow and long-term income security. This offering represents a rare opportunity to acquire a credit-backed, single-tenant net-leased industrial asset in one of Eastern Iowa’s strongest industrial corridors, combining specialized build-to-suit design, long remaining lease term, and location within...
Long-term leased industrial distribution facility located within the highly desirable Marion Enterprise Center. The property is occupied by Spee-Dee Delivery Service Inc, a well-established regional carrier with a multi-state footprint and decades of operating history. The building was purpose-built for Spee-Dee approximately seven years ago and features a functional industrial layout designed specifically to support last-mile distribution operations. The property is currently 100% leased with approximately 8 years remaining on the primary lease term, offering investors durable, predictable cash flow and long-term income security. This offering represents a rare opportunity to acquire a credit-backed, single-tenant net-leased industrial asset in one of Eastern Iowa’s strongest industrial corridors, combining specialized build-to-suit design, long remaining lease term, and location within a professionally developed industrial park — making it well suited for both 1031 exchange buyers and long-term hold investors seeking stable yield with minimal management. Members of the ownership entity are licensed real estate brokers in Iowa.
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