Industrial Warehouse & Distribution Facility | 7.50% CAP | 301,763 SF

For Sale

1805 E Washington St, Mount Pleasant, IA 52641

This Mount Pleasant property for sale is located at 1805 E Washington St. The current listed sale price for Industrial Warehouse & Distribution Facility | 7.50% CAP | 301,763 SF is $10,675,000. Industrial Warehouse & Distribution Facility | 7.50% CAP | 301,763 SF is situated on a lot that is 22.38 square feet in size.

Contacts

broker
Andy Lubinski

Colliers

broker
Justin Felix

Colliers

broker
Aaron Whitmore

Colliers

broker
Ethan Haglund

Colliers

broker
Casey O'Malley

Colliers

Property Details

  • Property Type Industrial - Warehouse/Distribution
  • Property Size 301,763 SF
  • Lot Size 22.38 SF
  • Year Built 1974
  • Date Updated Aug 18, 2025

Colliers is pleased to present the industrial offering of a 301,763 SF warehouse and distribution facility located at 1805 E Washington St, Mount Pleasant, IA. Occupied by Innovairre, this property serves as a vital hub in the Midwest enabling them to support their 500+ nonprofit customers across 5 continents. By housing the latest digital print technology and manufacturing equipment they are able to produce more nonprofit premiums than anyone.

Built on 22.38 acres, this facility features modern infrastructure, including 20 dock doors, up to 32’ clear heights in the warehouse, multiple drive-ins, and a fully sprinklered interior. Designed for efficiency and scalability, the property benefits from a landlord-friendly NNN lease structure at a below market $2.65/SF rate. The Mount Pleasant facility is an exceptional opportunity to acquire a stabilized asset with growth potential. Feel to reach out to anyone on our team for additional details and questions.

Highlights:

  • Two 25 ton HVAC systems added in 2021 for Envelope converter room
  • Below market rents
  • Ample Loading
  • Fully Sprinkled
Want more info on this listing?

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Getting around

  • 37/100

    Walk Score ®

  • 45/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Mount Pleasant, IA
  • Zip Code 52641

Points of Interest

  • Midwest Central North Depot

    1.06 miles

  • Midwest Central Railroad South Station

    1.21 miles

  • Main Gate

    1.25 miles

  • Mount Pleasant

    1.32 miles

  • Campers Gate

    1.35 miles

  • Trolley Barn

    1.40 miles

  • South Forty

    1.43 miles

  • Midway

    1.52 miles

  • Log Village

    1.55 miles

  • Hy-Vee

    0.17 miles

  • Hy-Vee Gas

    0.19 miles

  • Tesla Supercharger

    0.19 miles

  • BP

    0.72 miles

  • Murphy USA

    1.18 miles

  • Shell

    1.27 miles

  • Conoco

    1.57 miles

  • Casey's

    1.61 miles

  • Hardee's

    0.70 miles

  • Pizza Ranch

    0.94 miles

  • McDonald's

    0.95 miles

  • KFC / Taco Bell

    0.96 miles

  • WingStreet

    1.07 miles

  • Mi Pueblo Real

    1.08 miles

  • Pizza Hut

    1.08 miles

  • Wright Family Events Pavilion

    1.10 miles

  • Dairy Queen

    1.33 miles

  • Breadeaux Pizza

    1.36 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 Industrial Warehouse & Distribution Facility | 7.50% CAP | 301,763 SF
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