6611 Partners Ave 27,000 SF Industrial Building Marion, IA 52302 $4,317,429 ($159.90/SF) 7% Cap Rate

This offering presents a rare opportunity to acquire a high-quality, single-tenant industrial investment in the thriving Marion Enterprise Center, one of Eastern Iowa’s most robust industrial corridors. The property at 6611 Partners Ave is a purpose-built distribution facility designed to support last-mile logistics, featuring a modern, functional layout ideal for efficient operations. Constructed in 2018, the building sits on 5.67 acres and spans 27,000 SF, ensuring long-term adaptability for industrial users.
The asset is 100% leased to Spee-Dee Delivery Service Inc, a well-established regional carrier with over four decades of operational excellence and a multi-state footprint. With approximately eight years remaining on the primary lease term, investors benefit from durable, predictable cash flow and minimal management responsibilities under a net lease structure. The offering delivers a strong 7% cap rate and $306,000 in annual NOI, making it an attractive option for 1031 exchange buyers and long-term holders seeking stable yield.