1101 Lincoln Way

1101 Lincoln Way, Marshalltown, IA 50158

Property Information

  • For Sale $3,500,000
  • Property Type Industrial - Storage
  • Property Size 38,850 SF
  • Units 263
  • Lot Size 4.07 Acre
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 2023
  • Date Updated Jun 27, 2026
  • Grade Level Doors 263
  • HVAC None

Description

West Side of MarshalltownA modern, expanding 263 unit self-storage facility offered at $3,500,000, this property sits on a spacious 4.07-acre lot. The location benefits from strong local demographics, with an Average Household Income of $89,029 within a 1-mile radius. The facility is a new-construction asset, with Phase I completed in July 2023, consisting of four non-climate controlled buildings and one climate-controlled building. Phase I was fully leased by the Summer of 2025. Phase II, comprising five non-climate controlled buildings, was completed in October 2025. The total size of the facility is 38,850 SF. Significant value-add potential exists with Phase III, which has site plan approval.

Highlights

  • 263 Units Plus Additional Land
  • 3 Year Tax Abatement Commences In 2026
  • Accelerating Absorption Rate In 2026
  • Currently 38,850 SF On 4 Acres
  • Offered At 6 Cap Based On Pro Forma
  • Potential Value Add With Phase III

Contacts

Location

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