Principal Financial Building

For Sale

111 W State Street, Mason City, IA 50401

This Mason City property for sale is located at 111 W State Street. The general use of Principal Financial Building is office and it incorporates 113,022 square feet of class A office space. The current listed sale price for Principal Financial Building is Negotiable. Principal Financial Building is situated on a lot that is 8.21 acre in size.

Contacts

broker

Patrick Graham

SVN | CREATE Commercial Real Estate Advisors

(515) 494-7284

Property Details

  • 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

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Getting around

  • 79/100

    Walk Score ®

  • 30/100

    Transit Score ®

  • 93/100

    Bike Score ®

Powered by Walk Score ®

Location

  • 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

  • Park Inn (historic Frank Lloyd Wright)

    0.09 miles

  • Quality Inn Mason City

    0.34 miles

  • Hampton Inn

    1.54 miles

  • Super 8 by Wyndham Mason City

    2.17 miles

  • Holiday Inn Express & Suites

    2.19 miles

  • Country Inn & Suites

    3.05 miles

  • Super 8 by Wyndham Clear Lake

    7.73 miles

  • AmericInn by Wyndham Clear Lake

    7.78 miles

  • Americas Best Value Inn

    7.78 miles

  • Microtel Inn & Suites

    7.84 miles

  • Younker's

    0.19 miles

  • Fareway

    0.34 miles

  • Hy-Vee

    0.61 miles

  • Willowbrook Mall

    1.17 miles

  • Kmart

    1.47 miles

  • Hy-Vee

    1.63 miles

  • Hy-Vee

    1.78 miles

  • ALDI

    2.39 miles

  • TJ Maxx

    2.42 miles

  • Target

    2.51 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Patrick Graham

SVN | CREATE Commercial Real Estate Advisors

(515) 494-7284