Listing Agency: CBRE

Listed By: Drew Rosonke · License #S71622000 Show Phone

Source: Cbre

Added: Nov 24, 2025 Changed: Oct 23 Last Checked: Oct 24 at 3:52PM

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Investment Insights

Based on property information with market context.

Located at the intersection of Quincy Avenue and Highway 34 in Ottumwa's main retail area, this property offers 1,829 square feet of space suitable for office or retail use. The site benefits from high visibility and shares tenancy with Aspen Dental. The property features 53 parking stalls and the possibility of adding a drive-thru on the east side. Monument signage is available, along with two-sided building signage. Nearby retailers include Hy-Vee, Hobby Lobby, Bomgaars, Aldi, and TJ Maxx. The available space was previously used for medical purposes.

Key Highlights

• Located at the hard corner of Quincy Avenue & Highway 34 in Ottumwa’s primary retail corridor, offering high visibility.
• Co‑tenancy with Aspen Dental.
• Drive‑thru possibility** on the east side.

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Office Units

Suggested Use

Top Pick Law Firm Dental Office Auto Parts Store Garden Center Hair Salon Kitchen & Bath Showroom

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

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

833

Businesses Nearby

Explore this area Business Placement

Demographics for 52501, IA

30,313

Population

13,654

Households

2.2

Avg Household Size

38

Median Age

20%

College-Educated

87%

High-School Grad

225.3 sq mi

ZIP Area

135

Density / Sq Mi

$59,091

Median Household Income

$40,173

Median Earnings

$955

Median Rent

$109,600

Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019

15.6% 2020

17.1% 2021

18.9% 2022

21% 2023

22% 2024

21.3% 2025

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Frequently Asked Questions

What type of property is this?

Office unit - Ottumwa retail/office space with high visibility and co-tenancy.

Where is this office unit located?

The property is located at 1255 Theatre Drive Ottumwa, IA.

What are key features of this property?

This property features: Located at the hard corner of Quincy Avenue & Highway 34 in Ottumwa’s primary retail corridor, offering **high visibility**.; Co‑tenancy with Aspen Dental.; Drive‑thru possibility** on the east side.