501 7th Avenue
Marion, IA 52302

$879,000

  • 5,000
    Square Feet

Turnkey investment opportunity featuring a regional Anytime Fitness franchisee in a highly visible, high-traffic location. Recently completed a $50,000 interior refresh, demonstrating continued commitment to the space and long-term operation. There are just under 2 years remaining on the current 6-year lease, which includes scheduled rental increases. Tenant is responsible for property taxes, while the landlord covers maintenance and building insurance. The property has been well maintained with significant capital improvements, including a full interior and exterior renovation with an addition in 2017 (new HVAC installed at that time),...read more a new roof in 2020, and new asphalt parking lot in 2022.Strong tenant, solid improvements, and excellent visibility make this a compelling addition to any investment portfolio.

Property Highlights

  • Cooling

    Central Air

  • Flooring

    Concrete

  • Heating

    Central, Gas

  • Stories

    1.0 Story

  • Year Built

    Built in 1999

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