Map of Property

FedEx Ground

For Sale

1755 15th Street Southwest, Mason City, IA 50401

This Mason City property for sale is located at 1755 15th Street Southwest. The current listed sale price for FedEx Ground is $5,304,658. FedEx Ground is situated on a lot that is 5.1 acre in size.

Contacts

broker

Jeff Bracco

The Kase Group

Property Details

  • Property Type Industrial - Warehouse/Distribution
  • Property Size 43,038 SF
  • Lot Size 5.1 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Single Tenant
  • Year Built 2003
  • Date Updated Nov 11, 2024
  • HVAC None
Mason City has a very diverse employment base covering multiple sectors of the economy including Manufacturing, Health, Financial Services, Technology and Education, with no one sector or employer dominating the market. The largest employer is MercyOne North Iowa Medical Center, formerly known as Mercy Medical Center-North Iowa, and before that as St. Joseph Mercy Hospital, is the region’s largest hospital. The facility serves 14 counties across northern Iowa. In June 2019, the hospital opened a new $10.6 million behavioral center. The new center will help MercyOne to increase the number of behavioral health-care services it can offer to those in the community it serves who are struggling with mental illness and substance abuse issues. MercyOne to open $10.6 million behavioral center.The subject property is a 43,039 square foot building, leased to FedEx Ground on a net lease. The recently extended lease expires in August 2029 and comes with two, 5 year option periods. The lease is corporately guaranteed. The asset is well located in Mason City, Iowa with easy access to US-18.

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Highlights

  • FedEx Ground Net Leased Offering
  • Minimal Landlord Obligations
  • 100% Fee Simple Interest
  • Recent Lease Extension Shows Commitment to the Location
  • S&P Rated BBB Investment Grade Credit
  • Corporate Guaranty
  • Easy Access to US-18

Getting around

  • 24/100

    Walk Score ®

  • 9/100

    Transit Score ®

  • 59/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Mason City, IA
  • Zip Code 50401

Points of Interest

  • Yesway

    0.87 miles

  • Kwik Star

    0.91 miles

  • Casey's General Store

    1.18 miles

  • Kum & Go

    1.40 miles

  • Hy-Vee Gas

    3.04 miles

  • Pilot

    6.59 miles

  • Truck Wash

    6.14 miles

  • Jimmy John's

    0.78 miles

  • McDonald's

    0.78 miles

  • KFC

    0.80 miles

  • Pizza Hut

    0.80 miles

  • Perkins

    0.82 miles

  • Villiage Court

    0.83 miles

  • Arby's

    0.86 miles

  • Burger King

    0.88 miles

  • Pizza Ranch

    0.94 miles

  • Subway

    0.96 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

Jeff Bracco

The Kase Group