Principal Financial Building

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
  • Additional Rent Contact for pricing
  • 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 Nov 13, 2024
Immerse yourself in the vibrant city of Mason City, IA, an ideal location for your next office investment or lease. The area offers a dynamic mix of cultural and recreational attractions, including the Frank Lloyd Wright Stockman House, Music Man Square, and the MacNider Art Museum. Enjoy the convenience of nearby dining and retail options, with easy access to major highways and transportation routes. Experience the rich architectural heritage of Mason City while exploring the diverse business opportunities that this thriving market has to offer. The Principal Financial Building provides a prime location to immerse yourself in the energy and potential of this bustling community.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

Attachments

Highlights

  • - 113,022 SF modern office building with 6 units
  • - Built in 1990, renovated in 2018 for updated appeal
  • - Zoned Z-5 Central Business District for versatile use
  • - Prime location in the bustling Mason City area
  • - Impressive 100% occupancy for immediate income
  • - Modern amenities and features for tenant convenience
  • - Well-maintained property for minimal maintenance concerns
  • - Potential for strong and stable rental income

Contacts

broker

Patrick Graham

SVN | CREATE Commercial Real Estate Advisors

Location

Getting Around

  • Walk Score ®

    79/100 Very Walkable

  • Transit Score ®

    30/100 Some Transit

  • Bike Score ®

    93/100 Biker's Paradise
Powered by Walk Score ®
  • City Mason City, IA
  • Zip Code 50401

Points of Interest

  • Casey's General Store

    0.48 miles

  • Kwik Star

    0.94 miles

  • Yesway

    0.95 miles

  • Kum & Go

    1.27 miles

  • Hy-Vee Gas

    1.67 miles

  • Pilot

    7.86 miles

  • Metalcraft Parking Lot

    2.47 miles

  • Park Inn (historic Frank Lloyd Wright)

    0.09 miles

  • Econo Lodge Inn & Suites

    0.28 miles

  • Comfort Inn & Suites

    0.34 miles

  • Hampton Inn

    1.54 miles

  • Days Inn by Wyndham Mason City

    1.63 miles

  • Super 8 by Wyndham Mason City

    2.17 miles

  • Holiday Inn Express & Suites

    2.19 miles

  • Country Inn & Suites

    3.05 miles

  • Fairfield Inn & Suites

    7.59 miles

  • Super 8 by Wyndham Clear Lake

    7.73 miles

  • Suzie Q Cafe

    0.17 miles

  • Hardee's

    0.39 miles

  • Culver's

    0.41 miles

  • Wendy's

    0.72 miles

  • Domino's

    0.76 miles

  • KFC

    1.12 miles

  • Pizza Ranch

    1.13 miles

  • Patrick's

    1.16 miles

  • McDonald's

    1.21 miles

  • Jimmy John's

    1.42 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

  • Charlie Brown

    1.18 miles

  • Four Oaks (East Campus)

    3.42 miles

Frequently Asked Questions

How much does Principal Financial Building cost?

The sale price for Principal Financial Building is available upon request. Contact the listing broker for more information.

What is the total square footage of Principal Financial Building?

Principal Financial Building totals 113,022 square feet.

When was this property built?

Principal Financial Building was built in 1990.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker

broker

Patrick Graham

SVN | CREATE Commercial Real Estate Advisors