Principal Financial Building Listing Details & Market Data

111 W State Street, Mason City, IA 50401

  • For Sale Negotiable
  • Property Type Office - General Office
  • Property Size 113,022 SF
  • Units 6
  • Lot Size 8.21 Acre
  • Parking Spaces Avail. 450
  • Parking Ratio 5.00 / 1,000 SF
  • Property Tenancy Single Tenant
  • Building Class A
  • Year Built 1990
  • Year Renovated 2018
  • Date Updated Apr 22, 2024
Mason City is a town in the northern corridor of Iowa with a population of just under 30,000 within a three mile radius and is the county seat of Cerro Gordo. This site is located just north of Willow Creek, west of Southbridge Mall, and just west of the downtown commercial district. This office is directly adjacent to Hwy-65, approximately 3.5 miles north of Hwy-18, and just under 8 miles east of I-35.Single-tenant NNN office lease with Principal Life Insurance Company with just over 1 year remaining on lease. The Mason City market labor force serves as Principal Financial Group's pension account services. This investment opportunity includes annual rent increases of 1%. The Landlord is responsible for roof, foundation, underground, structural and exterior walls.$12 sq. ft. lease rate Net

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Attachments

Contacts

broker

Patrick Graham

SVN | CREATE Commercial Real Estate Advisors

(515) 494-7284

Location

Getting Around

  • Walk Score ®

    Very Walkable (79)

  • Transit Score ®

    Some Transit (30)

  • Bike Score ®

    Biker's Paradise (93)
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  • City Mason City, IA
  • Neighborhood Mason City
  • Zip Code 50401

Points of Interest

  • Kwik Star

    0.94 miles

  • Yesway

    0.95 miles

  • Kum & Go

    1.27 miles

  • Yesway

    1.63 miles

  • Hy-Vee Gas

    1.67 miles

  • Kwik Star

    7.35 miles

  • Kum & Go

    7.66 miles

  • Pilot

    7.86 miles

  • Kum & Go

    7.91 miles

  • Casey's General Store

    7.94 miles

  • Metalcraft Parking Lot

    2.47 miles

  • Hardee's

    0.39 miles

  • Culver's

    0.41 miles

  • KFC

    1.12 miles

  • Pizza Ranch

    1.13 miles

  • Patrick's

    1.16 miles

  • McDonald's

    1.21 miles

  • McDonald's

    1.34 miles

  • Pizza Hut

    1.54 miles

  • Burger King

    1.56 miles

  • Perkins

    1.59 miles

  • Hamilton College

    0.06 miles

  • Newman Catholic Elementary School

    0.46 miles

  • Washington Elementary School

    0.52 miles

  • Hoover Elementary School

    0.92 miles

  • McKinley School

    1.05 miles

  • Seventh Day Adventist School

    1.28 miles

  • Harding Elementary School

    1.37 miles

  • Jefferson Elementary School

    1.55 miles

  • Mason City High School

    1.87 miles

  • Newman Catholic High School

    2.19 miles

Contact Listing Broker

broker

Patrick Graham

SVN | CREATE Commercial Real Estate Advisors

(515) 494-7284