Multi-Tenant Strip
New
For Sale
$500,000
3351 E Agency St, West Burlington, IA 52655
The multi-suite property has NNN leases in place and vacant space available for occupancy.
Property Size35,650 SF
Price / SF$14.03
Days on Market1
Property Features for 3351 E Agency St
General Information
Standard status
Active
Size
35,650 SF
Property subtype
Shopping Strip
Occupancy
49%
Additional Details
Anchor Co-Tenants
Hobby Lobby
Tenant in Place
Yes
Amenities
Auction - November 17-19 | Starting Bid: $500,000
Shadow-Anchored by Hobby Lobby and Ollie's
18,027 SF of Vacancy Across Six Suites
NNN Leases With 10%–15% Admin Fees on CAM
Rent-A-Center Lease Expires November 2026
1.39-Acre Outparcel Included in the Sale
In-Place Tenants Dating Back to 1998
Building Details
Building Size
35,650 SF
Year Built
1989
Tenancy
Multi
Listing Agency:
Orange County Office
Listed By:
Mike Banwell · License #License(s): CA: 02045460
(954) 245-3397
Source:
Marcusmillichap
Added: Oct 23
Last Checked: Oct 23 at 5:53PM
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 Orange County Office
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Investment Insights
Based on property information with market context.
Constructed in 1989, this 35,650-square-foot strip center contains 11 suites and is 49% leased to five tenants: Rent-A-Center, Lin Family Buffett, Advance America, Mailboxes & Parcel Depot, and Zen Nails Bar Spa. The occupied suites operate under NNN leases, with tenants responsible for taxes, insurance, and CAM plus administrative fees.
Six suites totaling 18,027 square feet are vacant, including spaces of 6,000 and 4,000 square feet. Rent-A-Center’s lease expires in November 2026 and includes a five-year renewal option.
Hobby Lobby serves as a shadow anchor. Ollie’s Bargain Outlet and Tractor Supply are nearby, with Walmart, Lowe’s, Kohl’s, and Menards among retailers in the surrounding corridor. The center is near N Roosevelt, which carries 16,000+ VPD, and US Highway 34, with 12,500+ VPD.
Six suites totaling 18,027 square feet are vacant, including spaces of 6,000 and 4,000 square feet. Rent-A-Center’s lease expires in November 2026 and includes a five-year renewal option.
Hobby Lobby serves as a shadow anchor. Ollie’s Bargain Outlet and Tractor Supply are nearby, with Walmart, Lowe’s, Kohl’s, and Menards among retailers in the surrounding corridor. The center is near N Roosevelt, which carries 16,000+ VPD, and US Highway 34, with 12,500+ VPD.
Key Highlights
- 35,650‑square‑foot center built in 1989, with 11 suites
- Five tenants occupy 49% of the property; leases are NNN
- Six vacant suites total 18,027 SF, including 6,000 SF and 4,000 SF spaces
Property Analytics
Current Use
Lease Details
49%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
22
Businesses Nearby
Explore this area
Business Placement
Demographics for 52655, IA
4,438
Population
1,874
Households
2.4
Avg Household Size
45
Median Age
23%
College-Educated
93%
High-School Grad
17.5 sq mi
ZIP Area
254
Density / Sq Mi
$54,405
Median Household Income
$29,458
Median Earnings
$826
Median Rent
$138,700
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Strip mall - The multi-suite property has NNN leases in place and vacant space available for occupancy.
Where is this strip mall located?
The property is located at 3351 E Agency St West Burlington, IA.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 35,650‑square‑foot center built in 1989, with 11 suites; Five tenants occupy 49% of the property; leases are NNN; Six vacant suites total 18,027 SF, including 6,000 SF and 4,000 SF spaces
