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Regional Retail & Medical Center
For Sale
Contact for pricing
Pending

1015 N 18th Street, Centerville, IA 52544

Regional shopping center remodeled in multiple periods, with a tenant mix including health center and dining operators.

Property SizeContact for details
Days on Market130

Property Features for 1015 N 18th Street

General Information

Standard status Pending
Property subtype Retail

Building Details

Year Renovated 2017
Tenancy Multi
Listing Agency: NAI Iowa Realty Commercial - Des Moines
Listed By: Tom Hudson · License #IA S18121000
Source: Crexi
Added: Apr 10 Changed: Aug 14 Last Checked: Aug 13 at 4:48AM

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 NAI Iowa Realty Commercial - Des Moines

Investment Insights

Based on property information with market context.

This regional shopping center is listed for sale and has undergone remodel work in 2003–2004 and again in 2016–2017. The property is currently occupied by a mix of established tenants, including Subway, a community health center, physical therapy, a theater, and a Mexican restaurant, along with an LDS Church and an Iowa Trust ATM.

The tenant lineup suggests a center that supports both everyday convenience and community services, with a healthcare component represented by River Hills Community Health Center and Kinetic Edge Physical Therapy. Additional existing uses include The Lake Theater and La Fiesta Mexican Restaurant.

As presented, the asset combines retail and healthcare-focused occupancy within a regional shopping center configuration that has been updated across two remodeling windows.

Key Highlights

  • Regional shopping center for sale in Centerville, IA
  • Remodeled in 2003–2004 and again in 2016–2017
  • Tenant mix includes Subway, La Fiesta Mexican Restaurant, and The Lake Theater

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Repair Shop Real Estate Agency Dental Office 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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

520
Businesses Nearby
88k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 46% Shops & Services 36% Groceries 15% Electronics 2%
Centerville #4 Shops & Services
19,166 visits/mo 0.5 miles
McDonald's Dining
17,990 visits/mo 0.3 miles
Hy-Vee Groceries
12,978 visits/mo 0.2 miles
SONIC Drive In Dining
10,263 visits/mo 0.4 miles
Scooter's Coffee Dining
5,047 visits/mo 0.4 miles

Demographics for 52544, IA

7,481
Population
4,096
Households
1.8
Avg Household Size
44
Median Age
19%
College-Educated
88%
High-School Grad
138.3 sq mi
ZIP Area
54
Density / Sq Mi
$45,257
Median Household Income
$36,792
Median Earnings
$779
Median Rent
$114,100
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
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Similar Off Market Nearby

  • Coin Cloud Bitcoin ATM 830 N 18th St, Centerville, IA 52544

Frequently Asked Questions

What type of property is this?
Shopping center - Regional shopping center remodeled in multiple periods, with a tenant mix including health center and dining operators.
Where is this shopping center located?
The property is located at 1015 N 18th Street Centerville, IA.
What are key features of this property?
This property features: Regional shopping center for sale in Centerville, IA; Remodeled in 2003–2004 and again in 2016–2017; Tenant mix includes Subway, La Fiesta Mexican Restaurant, and The Lake Theater
(515) 453-5480 Call to check price and availability
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