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- LoopNet Team
2502 S 2nd St
Marshalltown, IA 50158
Social Security Administration · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Lease guaranteed by the United States Government with an AA+ credit rating from Standard & Poor’s
- New ten-year lease
- Build-to-suit in 2005 for the GSA
- Building refresh with new carpet and paint throughout
PROPERTY FACTS
ABOUT 2502 S 2ND ST , MARSHALLTOWN, IA 50158
Colliers International is pleased to present an investment opportunity, for the Social Security Administration (SSA) office located at 2502 S 2nd St., Marshalltown, Iowa. This single-tenant office building is 4,936 square feet, sits on 0.58 acres, and was a build-to-suit for the SSA/General Services Administration (GSA) in 2005. The GSA just executed a new ten-year lease, with five years firm term and an additional five years non-firm term. The interior is in the process of being updated with new carpet and paint throughout.
PROPERTY TAXES
| Parcel Number | 8318-11-177-030 | Improvements Assessment | $279,490 |
| Land Assessment | $147,420 | Total Assessment | $426,910 |
PROPERTY TAXES
