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Retail Shopping Center with New Leases
For Sale
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3231 Marketplace Dr, Council Bluffs, IA 51501

Shopping center offered for sale with two new leases involving national box retailers.

Property Size114,372 SF
Days on Market122

Property Features for 3231 Marketplace Dr

General Information

Standard status Active
Size 114,372 SF
Property subtype Retail
Listing Agency: Landmark Commercial Real Estate Services
Listed By: Daniel Kukes · License #MI 6502361395
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 12:30PM

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 Landmark Commercial Real Estate Services

Investment Insights

Based on property information with market context.

This retail shopping center totals 114,372 square feet and is being offered for sale. The property includes two new leases with national box retailers, providing established tenant commitments under recently executed terms.

The center is located at 3231 Marketplace Dr in Council Bluffs, Iowa 51501.

The offering is positioned as an income-oriented retail asset, supported by the presence of the two new national tenant leases.

Key Highlights

  • Retail shopping center for sale
  • 114,372 SF shopping center
  • Two new leases with national box retailers

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Hair Salon Bakery Garden Center HVAC Service Carpet & Flooring 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.

Location Intelligence

Trade Area within ½ mile

97
Businesses Nearby
133k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 47% Apparel 23% Shops & Services 19% Home Improvements & Furnishings 11%
Texas Roadhouse Dining
35,061 visits/mo 0.3 miles
Culver's Dining
27,230 visits/mo 0.3 miles
JCPenney Apparel
20,446 visits/mo 0.2 miles
At Home Home Improvements & Furnishings
14,938 visits/mo 0.4 miles
Jo-Ann Fabric and Craft Shops & Services
11,876 visits/mo 0.2 miles

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Shopping center - Shopping center offered for sale with two new leases involving national box retailers.
Where is this shopping center located?
The property is located at 3231 Marketplace Dr Council Bluffs, IA.
What are key features of this property?
This property features: Retail shopping center for sale; 114,372 SF shopping center; Two new leases with national box retailers
(248) 488-2620 Call to check price and availability
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