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    20 Arena Way Council Bluffs, IA 51501

    For Lease
    $15 SF/Yr

    Prime Retail Space, Iowa

    Lot size:
    35,893 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional Council Bluffs retail property, located at 20 Arena Way (cross street: Bass Pro Dr), offers a prime opportunity for businesses seeking high-visibility space. The single-story, Class B shopping center totals 35,893 square feet and sits on a 2.03-acre lot. Built in 2003, the property boasts ample on-site parking, ensuring convenient access for both tenants and customers. Its strategic location directly adjacent to the Mid-America Event Center entertainment district guarantees high foot traffic and excellent exposure. Flexible space options are available, ranging from 2,500 to 17,500 square feet, catering to a variety of business needs. The property's multiple tenancy structure provides a diverse and vibrant atmosphere. This well-maintained facility in Pottawattamie County, Iowa (zip code 51501), presents a compelling investment opportunity in a thriving commercial area. The property's convenient location and ample parking make it an ideal choice for businesses seeking a strong presence in Council Bluffs. The building's single-story design and easy access contribute to its overall appeal and functionality. This is a rare chance to secure a well-positioned retail space in a dynamic and growing market. The property's proximity to the Mid-America Event Center ensures consistent exposure to a large and diverse customer base.

    Property Features for 20 Arena Way

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    35,893 SF
    Class
    B
    Total Rate
    44866.25

    Building Details

    Year Built
    2003
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    17,500 SF
    Rate per SF
    $30

    HighLights

    • Adjacent to Mid America Center.
    • Multi‑tenant building with individual utility meters.
    • Excellent interstate and highway access.
    • Ample parking.
    • Modern building construction.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    US Air Force ... Military Recruiting Office U.S. Marine Corps ... Military Recruiting Office United States Government Military Recruiting Office BAT logistics Logistics Service Social Security Administration Social Security Office

    Suggested Use

    Restaurant Building Supply Dental Office Wholesale Shop Auto Repair Shop Clothing Store Auto Parts Store Gym & Fitness Hotel & Motel Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Council Bluffs
    County
    Pottawattamie
    State
    Iowa
    Longitude
    -95.8919489
    Latitude
    41.2370919

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Space, Iowa
    Where is this retail property located?
    The property is located at 20 Arena Way Council Bluffs, IA.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: Adjacent to Mid America Center.; Multi-tenant building with individual utility meters.; Excellent interstate and highway access.
    Request Owner's contact information
    20 Arena Way Council Bluffs, IA 51501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    20 Arena Way Council Bluffs, IA 51501
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