6200 N Gateway Drive – Marion

Victory Gymnastics has called this building home for the last 7 years.  They have outgrown this facility and have made the decision to move into their building next door to be able to better accommodate their customers needs.  This is a rare opportunity to own or lease a stand alone building in a fast growing area of Marion.  The surrounding area is developing quickly with a mix use of buildings including  a truck stop, vet clinic, multi family & many dining options just across the highway.  Traffic counts at 151 & 62nd Street = 16,000+/day.  This property consists of 15,000 sq. ft. of floor space as well as an additional 4,375 sq. ft. of mezzanine area.  The main floor features a foyer area, receptionist desk, private office, men’s & women’s restrooms, a kitchenette, large waiting/open area, as well as 2 other large rooms that could be renovated into offices, etc (4.365 sq ft.)  There is 10,625 sq ft. of open shop/gym area that features 22′ sidewalls, heat & A/C, and the building is fully sprinkled. The shop/gym area has 1 12×12 OH door.  The current owners have TIF through the city of Marion for 10 years, leaving approximately 3 years left that could possibly be negotiated with the City of Marion to transfer to the new owner (see attached development agreement).  This building does have a deed restriction as well as a lease restriction prohibiting another gymnastics, ninja warrior, or trampoline type use to occupy the building.  Lease use shall be subject to owners approval.  All signs will be removed from the building including the monument sign located at the corner of 62nd St & N. Gateway prior to closing.

 

Lease Rate: $10.25/sq. ft. NNN

Taxes: $2.54/sq. ft.

 

Call Charlie Potter @ 319-533-2293 today to schedule a tour.

Price: $1,995,000
Address: 6200 N Gateway Drive
City: Marion
State: IA
ZIP: 52302
MLS #: 2304190
Square Feet: 15,000
Square Feet Below Grade:
Bedrooms:
Bathrooms:
Basement:

Additional Features:
, ,