Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1601 Broadway St Red Oak, IA 51566

    For Lease
    $8 SF/Yr

    Hy-Vee anchored shopping center; spaces available.

    Lot size:
    87,712 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    Red Oak Plaza offers exceptional retail space in a prime location at the intersection of N Broadway Street and Hwy 48 in Red Oak, IA. This Hy-Vee anchored shopping center is the only grocery-anchored center in town, ensuring high traffic and visibility. The property boasts a total of 87,712 square feet, with two available spaces ranging from 2,400 to 2,662 contiguous square feet. The minimum divisible space is 2,400 square feet. Strong co-tenancy includes well-established businesses such as Family Dollar, True Value Hardware, Fastenal, and Pizza Ranch. Recent additions of Scooter's and US Cellular have further increased foot traffic and visibility. The center's location on a major thoroughfare provides excellent visibility and ample signage opportunities, making it an ideal location for businesses seeking high exposure to a substantial customer base. Benefit from the high-traffic area with strong pedestrian and vehicular counts. This is a unique opportunity to establish a presence in a thriving retail environment within a well-established and highly visible shopping center.

    Property Features for 1601 Broadway St

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    87,712 SF
    Total Rate
    58474.67

    Unit(s) available at that property

    Space
    1515B
    Size
    2,662 SF
    Rate per SF
    $8
    Space
    1507
    Size
    2,400 SF
    Rate per SF
    $8

    HighLights

    • High‑profile location at the intersection of N Broadway Street and Hwy 48.
    • Excellent visibility and ample signage opportunities.
    • High‑traffic area with strong pedestrian and vehicular counts.
    • Hy‑Vee anchored shopping center with 87,712 total square feet.
    • Two available spaces ranging from 2,400 to 2,662 square feet.
    • Strong tenant mix including Family Dollar, True Value Hardware, Fastenal, and Pizza Ranch.
    Property Profile Location Intelligence

    Current Use by Public Records

    Westlake Ace Hardware Hardware Store UPS Authorized Shipping ... Shipping And Mailing Service Resharp Sharpening Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Red Oak
    County
    Montgomery
    State
    Iowa
    Longitude
    -95.23495
    Latitude
    41.0194

    Nearby Comparable

    • $1.00 SF/Yr
      396,832 SF

      Red Oak Commercial Space Available

      Commercial space for lease in Red Oak Plaza.
      1701 N Broadway St, Red Oak, IA 51566
      View Details
    • $8 SF/Yr
      87,712 SF

      Red Oak Retail Space Available

      Retail space for lease in Hy-Vee anchored shopping center.
      1601 N Broadway St, Red Oak, IA 51566
      View Details
    • Contact for pricing
      3,744 SF

      Restaurant Space on North Broadway

      Turnkey restaurant space with built-in customer base near Highway 34.
      1410 N Broadway St, Red Oak, IA 51566
      View Details
    • New
      $300 /Mo

      Red Oak Shared Office Space

      Private offices available for rent in Red Oak, Iowa.
      1995 Ironwood Ave, Red Oak, IA 51566
      View Details
    • Contact for pricing
      4,084 SF

      Restaurant Space Near Walmart

      Turnkey restaurant space with built-in customer base near Walmart.
      225 S Fremont St, Shenandoah, IA 51601
      View Details
    • $9 SF/Yr
      92,442 SF

      512 Fremont St

      Retail properties • 92,442 SF
      512 Fremont St, Shenandoah, IA 51601
      View Details

    Nearby Similar for Lease

    • New
      $300 /Mo

      Red Oak Shared Office Space

      Private offices available for rent in Red Oak, Iowa.
      1995 Ironwood Ave, Red Oak, IA 51566
      View Details
    • $1.00 SF/Yr
      396,832 SF

      Red Oak Commercial Space Available

      Commercial space for lease in Red Oak Plaza.
      1701 N Broadway St, Red Oak, IA 51566
      View Details
    • $8 SF/Yr
      87,712 SF

      Red Oak Retail Space Available

      Retail space for lease in Hy-Vee anchored shopping center.
      1601 N Broadway St, Red Oak, IA 51566
      View Details
    • Contact for pricing
      3,744 SF

      Restaurant Space on North Broadway

      Turnkey restaurant space with built-in customer base near Highway 34.
      1410 N Broadway St, Red Oak, IA 51566
      View Details

    FAQs

    What type of property is this?
    Lifestyle center - Hy-Vee anchored shopping center; spaces available.
    Where is this lifestyle center located?
    The property is located at 1601 Broadway St Red Oak, IA.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: High-profile location at the intersection of N Broadway Street and Hwy 48.; Excellent visibility and ample signage opportunities.; High-traffic area with strong pedestrian and vehicular counts.
    Request Owner's contact information
    1601 Broadway St Red Oak, IA 51566
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1601 Broadway St
    Red Oak, IA 51566
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1601 Broadway St Red Oak, IA 51566
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.