Principal Financial Building

111 W State Street, Mason City, IA 50401

  • For Lease $12.00/SF/YR
  • Property Type Office - General Office
  • Property Size 113,022 SF
  • Units 6
  • Lot Size 8.21 Acre
  • 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 Apr 22, 2024
Mason City is a town in the northern corridor of Iowa with a population of just under 30,000 within a three mile radius and is the county seat of Cerro Gordo. This site is located just north of Willow Creek, west of Southbridge Mall, and just west of the downtown commercial district. This office is directly adjacent to Hwy-65, approximately 3.5 miles north of Hwy-18, and just under 8 miles east of I-35.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

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Attachments

Highlights

  • Very nice, professional office space

Spaces Available

Contacts

broker

Patrick Graham

SVN | CREATE Commercial Real Estate Advisors

(515) 494-7284

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
  • Neighborhood Mason City
  • Zip Code 50401

Points of Interest

  • Kwik Star

    0.94 miles

  • Yesway

    0.95 miles

  • Kum & Go

    1.27 miles

  • Yesway

    1.63 miles

  • Hy-Vee Gas

    1.67 miles

  • Kwik Star

    7.35 miles

  • Kum & Go

    7.66 miles

  • Pilot

    7.86 miles

  • Kum & Go

    7.91 miles

  • Casey's General Store

    7.94 miles

  • Metalcraft Parking Lot

    2.47 miles

  • Park Inn (historic Frank Lloyd Wright)

    0.09 miles

  • Quality Inn Mason City

    0.34 miles

  • Hampton Inn

    1.54 miles

  • Super 8 by Wyndham Mason City

    2.17 miles

  • Holiday Inn Express & Suites

    2.19 miles

  • Country Inn & Suites

    3.05 miles

  • Super 8 by Wyndham Clear Lake

    7.73 miles

  • AmericInn by Wyndham Clear Lake

    7.78 miles

  • Americas Best Value Inn

    7.78 miles

  • Microtel Inn & Suites

    7.84 miles

  • Hardee's

    0.39 miles

  • Culver's

    0.41 miles

  • KFC

    1.12 miles

  • Pizza Ranch

    1.13 miles

  • Patrick's

    1.16 miles

  • McDonald's

    1.21 miles

  • McDonald's

    1.34 miles

  • Pizza Hut

    1.54 miles

  • Burger King

    1.56 miles

  • Perkins

    1.59 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

Frequently Asked Questions

How much does office space cost at Principal Financial Building?

The average price for office space at Principal Financial Building is $12.00/SF/YR. The cost of leasing office space can depend on the position of the space within the building, the location of the property, the quality rating, amenities on-site or nearby, as well as if the office space you are looking at comes with attributes that are unique to it.

What office space is available at Principal Financial Building?

In total, there are 113,000 square feet of office space for rent at Principal Financial Building. Availability at this location includes general office. The property offers Single Tenant commercial space. If you are interested in finding out more, you can easily reach out to schedule a tour using the contact form at the top of this page.

Can I find office space for a small business at Principal Financial Building?

Available office space at Principal Financial Building starts at 113,000 square feet. According to general recommendations of 75 to 150 square feet of office space per person, this can work for a minimum of 753 people. For detailed information on optimal divisible space options for your business needs, contact the listing broker to schedule a tour.

Can I find office space for a large business at Principal Financial Building?

Office space available at Principal Financial Building provides up to 113,000 square feet, which can accommodate a maximum of 1506 people, according to recommendations of between 75 and 150 square feet of office space per person. For a better understanding of how this space could work for you, reach out to schedule a tour.

Is Principal Financial Building a good location for office space?

Principal Financial Building is located in the Mason City neighborhood. Principal Financial Building was first completed in 1990. The most recent renovation at this location was done in 2018. Office space here is rated class A. Reach out to the leasing representative for more detailed information on the most modern facilities and amenities at the property.

Area amenities within half a mile of this location include 2 educational institution(s), 2 restaurant or other dining establishment(s), 2 hotel, motel, or other accommodation.

Does Principal Financial Building have parking?

There are 450 parking spaces available at Principal Financial Building. The property has a parking ratio of 5.00 / 1,000 SF.

How do I lease office space at Principal Financial Building?

If you want to find out more about the lease terms and office space availability at Principal Financial Building, fill out the contact form to schedule a tour or reach out to the property representatives using the contact details provided here to ask for any additional information that you might be interested in.

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

(515) 494-7284

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