Industrial Warehouse & Distribution Facility | 7.50% CAP | 301,763 SF

1805 E Washington St, Mount Pleasant, IA 52641

  • For Sale $10,675,000
  • Property Type Industrial - Warehouse/Distribution
  • Property Size 301,763 SF
  • Lot Size 22.38 SF
  • Year Built 1974
  • Date Updated Aug 18, 2025

Colliers is pleased to present the industrial offering of a 301,763 SF warehouse and distribution facility located at 1805 E Washington St, Mount Pleasant, IA. Occupied by Innovairre, this property serves as a vital hub in the Midwest enabling them to support their 500+ nonprofit customers across 5 continents. By housing the latest digital print technology and manufacturing equipment they are able to produce more nonprofit premiums than anyone.

Built on 22.38 acres, this facility features modern infrastructure, including 20 dock doors, up to 32’ clear heights in the warehouse, multiple drive-ins, and a fully sprinklered interior. Designed for efficiency and scalability, the property benefits from a landlord-friendly NNN lease structure at a below market $2.65/SF rate. The Mount Pleasant facility is an exceptional opportunity to acquire a stabilized asset with growth potential. Feel to reach out to anyone on our team for additional details and questions.

Highlights:

  • Two 25 ton HVAC systems added in 2021 for Envelope converter room
  • Below market rents
  • Ample Loading
  • Fully Sprinkled
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Location

Getting Around

  • Walk Score ®

    37/100 Car-Dependent
  • Bike Score ®

    45/100 Somewhat Bikeable
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  • City Mount Pleasant, IA
  • Zip Code 52641

Points of Interest

  • Midwest Central North Depot

    1.06 miles

  • Midwest Central Railroad South Station

    1.21 miles

  • Main Gate

    1.25 miles

  • Mount Pleasant

    1.32 miles

  • Campers Gate

    1.35 miles

  • Trolley Barn

    1.40 miles

  • South Forty

    1.43 miles

  • Midway

    1.52 miles

  • Log Village

    1.55 miles

  • Hy-Vee

    0.17 miles

  • Hy-Vee Gas

    0.19 miles

  • Tesla Supercharger

    0.19 miles

  • BP

    0.72 miles

  • Murphy USA

    1.18 miles

  • Shell

    1.27 miles

  • Conoco

    1.57 miles

  • Casey's

    1.61 miles

  • Hardee's

    0.70 miles

  • Pizza Ranch

    0.94 miles

  • McDonald's

    0.95 miles

  • KFC / Taco Bell

    0.96 miles

  • WingStreet

    1.07 miles

  • Mi Pueblo Real

    1.08 miles

  • Pizza Hut

    1.08 miles

  • Wright Family Events Pavilion

    1.10 miles

  • Dairy Queen

    1.33 miles

  • Breadeaux Pizza

    1.36 miles

  • Hy-Vee

    0.25 miles

  • ALDI

    0.33 miles

  • Walmart Supercenter

    1.27 miles

  • West Liberty Foods Market

    1.36 miles

  • Yenchay's Oriental Food Market

    1.36 miles

  • Hy-Vee Pharmacy

    0.25 miles

  • Mount Pleasant Police Department

    1.25 miles

  • Henry County Sheriffs Department

    1.32 miles

  • Capstone Pharmacy

    1.42 miles

  • Mount Pleasant Fire Department

    1.50 miles

  • Hy-Vee Clinic Pharmacy

    1.67 miles

  • Henry County Health Center

    1.70 miles

  • New London City Fire Station

    7.07 miles

  • New London City Police Station

    7.27 miles

Frequently Asked Questions

How much does Industrial Warehouse & Distribution Facility | 7.50% CAP | 301,763 SF cost?

The space currently listed for sale at Industrial Warehouse & Distribution Facility | 7.50% CAP | 301,763 SF asks for $10,675,000.

What is the total square footage of Industrial Warehouse & Distribution Facility | 7.50% CAP | 301,763 SF?

Industrial Warehouse & Distribution Facility | 7.50% CAP | 301,763 SF totals 301,763 square feet.

When was this property built?

Industrial Warehouse & Distribution Facility | 7.50% CAP | 301,763 SF was built in 1974.

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