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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.
| DAYS ON MARKET | 14 | LAST UPDATED | 1/2/2026 |
|---|---|---|---|
| YEAR BUILT | 2018 | COMMUNITY | OutOfArea |
| COUNTY | Linn | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | OutOfArea |
| HEAT | Natural Gas |
| LOT | 5.67 acre(s) |
| TAXES | 140956 |
| UTILITIES | Electricity Available, Natural Gas Available, Sewer Available |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Adam Gibbs, GLD Commercial Real Estate Advisors
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