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Prime Corner Retail/Office Space
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1255 Theatre Drive, Ottumwa, IA 52501

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

Space SizeContact for details
Days on Market289

Property Features for 1255 Theatre Drive

General Information

Standard status Active
Property subtype Retail
Listing Agency: CBRE
Listed By: Drew Rosonke · License #S71622000
Source: Cbre
Added: Nov 24, 2025 Changed: Sep 8 Last Checked: Aug 8 at 6:32AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE

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

Current Use

Office Units

Suggested Use

Top Pick Auto Parts Store

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

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 units - Ottumwa retail/office space with high visibility and co-tenancy.
Where is this office units 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.
More about this property
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