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1101 Lincoln Way
1101 Lincoln Way, Marshalltown, IA 50158
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FOR SALEIndustrial / Warehouse
Cap Rate
6.11%
NOI
$87,990
Building Size
38,850SF
Lot Size
4.07Ac
Year Built
2023
Currently Leased
No
Listing Contacts
More property details
Investment
Value Add
Property Class
C
Location
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1101 Lincoln Way
About the location
Modern, expanding self-storage facility available for $3,500,000, situated on a 4.07-acre site on the west side of Marshalltown. The property benefits from strong local demographics, with an average household income of $89,029 within one mile. Phase I, completed in July 2023, includes four non-climate controlled buildings and one climate-controlled building, fully leased by Summer 2025. Phase II, finished in October 2025, added five additional non-climate controlled buildings, bringing the total facility size to 38,850 SF. Phase III, with site plan approval, offers significant value-add potential.
Location highlights
- Offered at a 6% CAP rate based on pro forma
- 3-year tax abatement commencing in 2026
- Potential value-add with Phase III expansion
- Currently 38,850 SF on 4.07 acres