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1615 Central Ave Fort Dodge, IA 50501

3,105 SF Office, Modified Lease

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional investment opportunity presents a 3,105 square foot traditional office building located at 1615 Central Ave, Fort Dodge, IA 50501. The property is currently 100% occupied under a modified gross lease by the Mine Safety and Health Administration (MSHA), a US Federal Government agency. This provides a secure and stable investment backed by the full faith and credit of the U.S. Government. The building sits on a 0.32-acre lot and offers a long-term lease with approximately 12.9 years remaining. The property benefits from its strategic location in Fort Dodge, offering convenient access to major roadways, the Fort Dodge Regional Airport, recreational areas such as Snell-Crawford Park and Becker Wildlife Area, and UnityPoint Health Trinity Regional Medical Center. Built in 2003 to meet specific government standards, this property represents a low-risk, high-return investment opportunity due to the long-term lease with a stable, essential service provider. The strong local economy and projected population growth further enhance the property's long-term value. The building's single-tenant occupancy minimizes management complexities and ensures consistent income streams. This is a rare opportunity to acquire a fee-simple interest in a property leased by a highly creditworthy government tenant.

Highlights

  • Government-backed leases with AA+ credit rating.
  • Built-to-suit for GSA in 2002 & 2003.
  • Essential government services provided by SSA and MSHA.
  • Low tenant turnover due to long-term government leases.

Property Details for 1615 Central Ave

Property type
Office properties
Square Feet
3,105 SF

Location Insight

City
Fort Dodge
County
Webster
State
Iowa
Latitude
42.506178508304
Longitude
-94.175509856086

FAQs

What type of property is this?
Office property - 3,105 SF Office, Modified Lease
Where is the office property located?
The property is located at 1615 Central Ave Fort Dodge, IA.
What are key features of this property?
This property features: Government-backed leases with AA+ credit rating.; Built-to-suit for GSA in 2002 & 2003.; Essential government services provided by SSA and MSHA.
How can I contact the broker?
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1615 Central Ave
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