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Southgate Plaza 101 Iowa Ave W
5,000 - 33,894 SF of Retail Space Available in Marshalltown, IA 50158
Highlights
- Building & monument signage
- Located less than half a mile from the highway & directly off the bus stop
- Nearby national co-tenancy
- Very large grease trap in place from former grocer & turnkey medical clinic available
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 100 | 10,000-12,804 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 200A | 5,000-21,090 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
101 Iowa Ave W - 1st Floor - Ste 100
Clinic space complete with over a dozen plumbed exam rooms, labs, pharmacy counter (addition of drive-thru is possible), and additional storage space in rear.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Professional Services Office
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- sinks in a majority of rooms
- excellent condition - move in ready
101 Iowa Ave W - 1st Floor - Ste 200A
This open floor plan suite has a large open area at the rear end of the space and has the ability to modify the front entrance to face Lincoln Hwy if desired. Ceiling heights exceed 20'. There should still be access to large grease trap from former grocer food court.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- 2 Loading Docks
- High ceilings
- Building & Monument Signage
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 101 Iowa Ave W , Marshalltown, IA 50158
About the Property
This retail strip center can accommodate a large array of operators with varying budgets and floor plan needs. Due to its large surface parking lot and convenient location right off the interstate and bus line, the site can work for large-scale retail operations or users that have an influx of visitors at any given hour. Nearby co-tenancy includes Menards, Walmart, Culver's, Planet Fitness, Theisen's, Applebee's, Marshalltown Community College, and UnityPoint Health Marshalltown Hospital. The 12000 + sq. ft. space is a former medical clinic. It is a very nice and clean well built out space that is move in ready. It has many offices and exam rooms already in place.
- Signage
- Monument Signage
Nearby Major Retailers
Learn More About Leasing Retail Properties
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Southgate Plaza | 101 Iowa Ave W
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