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Retail and Medical Office Building
For Sale
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3418 W Broadway, Council Bluffs, IA 51501

Built in 2002 and renovated in 2014 and 2021, this property features multiple tenants and an available office/retail/medical unit.

Property SizeContact for details
Days on Market122

Property Features for 3418 W Broadway

General Information

Standard status Active
Property subtype Retail
Zoning General Commercial

Additional Details

Cap Rate 7.04%
Highway Access Yes

Building Details

Year Built 2002
Year Renovated 2021
Tenancy Multi
Listing Agency: Berkshire Hathaway HomeServices Ambassador Real Estate
Listed By: Gary Kuklin · License #NE 20050960
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 3:54PM

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 Berkshire Hathaway HomeServices Ambassador Real Estate

Investment Insights

Based on property information with market context.

This for-sale property includes three current tenants plus an additional office/retail/medical space available for lease. Constructed in 2002 and renovated in 2014 and 2021, the building is positioned as a multi-tenant setup. Current leases are modified gross, with tenants paying gas and electric utilities. The remarks also note billboard lease income, along with a stated 7.04% proforma cap rate.

Zoned General Commercial, the property is located at 3418 W Broadway in Council Bluffs, IA 51501. A double-sided monument sign is included, and the remarks reference 25+ cars with a side lot for additional parking. Taxes are listed as $30,420. The property is described as close to Omaha and minutes from I-80/480/29.

Key Highlights

  • Built in 2002 and renovated in 2014 and 2021
  • Multi‑tenant property with 3 current tenants plus one office/retail/medical space available for lease
  • Billboard lease income listed with a 7.04% pro forma cap rate

Property Analytics

Current Use

McClure General Contractor

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Nail Salon

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
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

357
Businesses Nearby

Demographics for 51501, IA

34,906
Population
15,217
Households
2.3
Avg Household Size
38
Median Age
17%
College-Educated
86%
High-School Grad
23.9 sq mi
ZIP Area
1,461
Density / Sq Mi
$59,314
Median Household Income
$40,229
Median Earnings
$997
Median Rent
$140,400
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?
Retail space - Built in 2002 and renovated in 2014 and 2021, this property features multiple tenants and an available office/retail/medical unit.
Where is this retail space located?
The property is located at 3418 W Broadway Council Bluffs, IA.
What are key features of this property?
This property features: Built in 2002 and renovated in 2014 and 2021; Multi‑tenant property with 3 current tenants plus one office/retail/medical space available for lease; Billboard lease income listed with a 7.04% pro forma cap rate
(402) 880-1887 Call to check price and availability
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