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Advance Auto Parts Storefront
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609 32nd Ave, Council Bluffs, IA 51501

Ground-lease retail property with scheduled 15% rent increases in Council Bluffs.

Property SizeContact for details
Days on Market143

Property Features for 609 32nd Ave

General Information

Standard status Active
Property subtype Retail

Building Details

Tenancy Single
Listing Agency: Matthews
Listed By: Christian Becker · License #794055
Source: Crexi
Added: Apr 13 Changed: Aug 30 Last Checked: Aug 30 at 11:37PM

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 Matthews

Investment Insights

Based on property information with market context.

The property is an Advance Auto Parts storefront located at 609 32nd Ave in Council Bluffs, Iowa. The offering is structured as a ground lease and includes 15% rent increases as stated in the listing terms.

Key Highlights

  • Advance Auto Parts storefront
  • Ground lease structure
  • 15% rent increases

Property Analytics

Current Use

Advance Auto Parts Auto Parts Store UPS Access Point ... Courier Service

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Hair Salon Dental Office Grocery & Convenience 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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

388
Businesses Nearby
483k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Superstores 44% Dining 31% Home Improvements & Furnishings 10% Shops & Services 6%
Walmart Superstores
120,281 visits/mo 0.3 miles
Sam's Club Superstores
92,061 visits/mo 0.3 miles
The Home Depot Home Improvements & Furnishings
34,618 visits/mo 0.3 miles
McDonald's Dining
32,058 visits/mo 0.2 miles
Aldi Groceries
25,946 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?
Storefront property - Ground-lease retail property with scheduled 15% rent increases in Council Bluffs.
Where is this storefront property located?
The property is located at 609 32nd Ave Council Bluffs, IA.
What are key features of this property?
This property features: Advance Auto Parts storefront; Ground lease structure; 15% rent increases
More about this property
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