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Retail Plaza Lease Opportunity
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1701 N Broadway Street, Red Oak, IA 51566

COMMERCIAL - Other - Red Oak, IA

Space SizeContact for details
Lot Size9.11 Acres
Days on Market861

Property Features for 1701 N Broadway Street

General Information

Property type Commercial Lease
Property subtype Other
Directions From the intersection of US Hwy 34 and Hwy 48 turn south to 1701 N Broadway
Standard status Active
APN 6000620476021000
Lot size 9.11 Acres

Taxes and HOA fees

Tax Year 2022
Tax Description PLAZA SD LT 1 (EX LT 3 & PCL A & LT 1)
Tax Annual Amount 71070
Legal Description PLAZA SD LT 1 (EX LT 3 & PCL A & LT 1)

Utilities

Cooling system Central Air
Water source Public

Building Details

Year built 1974
Number of units 4
Flooring type Vinyl, Concrete
Roof type Flat
Architectural style Other
Listing Agency: Rubey Realty · Windermere Real Estate
Listed By: Audie Rainey · License #B61131000
Added: Apr 4, 2024 Changed: Aug 4 Last Checked: Aug 12 at 12:06AM
MLS# 6316280

Copyright © 2026 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

The Red Oak Plaza offers multiple sized commercial retail units available for lease at 1701 N Broadway Street in Red Oak, Iowa. The ownership indicates lease terms can be negotiated, with options that include triple-net and gross structures, and stated rent levels range from $8 to $10.50 per square foot per year. For longer lease agreements, the owner is also willing to help with initial improvements.

The property is positioned along the main highway through Red Oak, providing visibility to passing traffic.

As a specialty retail plaza configuration with several unit sizes available, the center is suited for tenants seeking flexible space options within an established retail setting.

Key Highlights

  • Commercial space available at Red Oak Plaza with multiple unit sizes
  • Main highway location through Red Oak with exposure to heavy traffic
  • Lease terms negotiable, including triple net and gross

Property Analytics

Current Use

Hy-Vee Wine & Spirits Bar & Pub

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Law Firm Parking Lot & Garage Storage Facility Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

131
Businesses Nearby
29k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 82% Home Improvements & Furnishings 16% Hotels & Casinos 2%
Cubby's Shops & Services
10,076 visits/mo 0.1 miles
Dollar General Shops & Services
6,762 visits/mo 0.3 miles
BP Shops & Services
4,851 visits/mo 0.5 miles
Tractor Supply Co. Home Improvements & Furnishings
4,649 visits/mo 0.3 miles
First Interstate Bank Shops & Services
1,555 visits/mo 0.2 miles

Demographics for 51566, IA

6,772
Population
3,435
Households
2
Avg Household Size
44
Median Age
19%
College-Educated
91%
High-School Grad
176.4 sq mi
ZIP Area
38
Density / Sq Mi
$58,264
Median Household Income
$40,632
Median Earnings
$783
Median Rent
$116,200
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Shopping center - Retail plaza space available on the main highway through Red Oak, with multiple sized units for lease.
Where is this shopping center located?
The property is located at 1701 N Broadway Street Red Oak, IA.
What are key features of this property?
This property features: Commercial space available at Red Oak Plaza with multiple unit sizes; Main highway location through Red Oak with exposure to heavy traffic; Lease terms negotiable, including triple net and gross
More about this property
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