Description

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.

Listing ID #202600018

Commercial Sale

6611 Partners Ave
Marion, Iowa 52302

$4,317,429
Lot Size5.67 Acre
Country : US
State : IA
County : Linn
City : Marion
Zipcode : 52302
StatusActive
Listing Agent
Adam Gibbs
GLD Commercial Real Estate Advisors
Mortgage Calculator
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Features
202600018
Precast Concrete
Traveling on Hwy 151, the property is located in the Marion Enterprise Center on the Southeast corner of Hwy 151 and Hwy 13.
Additional Details
5.67 Acre
No
Natural Gas
Other
01-02-2026

Information on this page deemed reliable, but not guaranteed to be accurate. Listing information was entered by the listing agent and provided by ICAAR (Iowa City Area Association of REALTORS®) MLS and CRAAR (Cedar Rapids Area Association of REALTORS®) MLS. Urban Acres claims no responsibility for any misinformation, typographical errors, or misprints displayed from the MLS sources.

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