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    2400 4Th St Mason City, IA 50401

    Sponsored
    For Lease
    $9 SF/Yr ($8,983 /Mo)

    Grocery-anchored retail space available.

    Lot size:
    11,978 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Plaza West, located at 2400 4th St SW in Mason City, IA 50401, offers exceptional retail space within a thriving grocery-anchored center. This 11,978 square foot property is currently 100% vacant and presents a unique opportunity for multiple tenants. The center boasts a high-performing Hy-Vee as its anchor tenant, attracting significant foot traffic. This prime location sits in the heart of Mason City's main retail corridor, surrounded by a diverse mix of national, state, and local businesses. These include well-established names such as Hobby Lobby, Dollar Tree, Athletico, Tan World, Sally Beauty, H&R Block, Radiant Complexions, and Cost Cutters, creating a synergistic and attractive retail environment. Individual spaces range from a minimum of 1,251 square feet to a maximum contiguous space of 6,062 square feet, offering flexibility for various business needs. The property is situated in Cerro Gordo County and provides excellent visibility and accessibility for customers. This is an ideal opportunity to establish or expand a retail presence in a high-traffic, established retail center. The entire 11,978 square feet is available for lease.

    Property Features for 2400 4Th St

    General Information

    Property type
    Shopping centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    11,978 SF
    Total Rate
    8983.5

    Unit(s) available at that property

    Space
    Bay 2750-3
    Size
    6,062 SF
    Space
    BAY 18
    Size
    1,400 SF
    Rate per SF
    $18

    HighLights

    • 11,978 SF retail space available for lease in a grocery‑anchored center in Mason City, IA.
    • 100% vacant, offering flexibility for multiple tenants with spaces ranging from 1,251 SF to 6,062 SF.
    • Hy‑Vee‑anchored center in a high‑traffic retail corridor with strong co‑tenancy including Hobby Lobby, Dollar Tree, and others.
    • Excellent visibility and accessibility in a prime Mason City location.
    • Ideal for retail businesses seeking to establish or expand in a thriving retail environment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Shazam Atm Atm Hy-Vee Floral Florist Coinstar Money Transfer Service Bellino Fireworks Fireworks Store Hy-Vee Catering Caterer

    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
    Mason City
    County
    Cerro Gordo
    State
    Iowa
    Longitude
    -93.2355806
    Latitude
    43.1495342

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    FAQs

    What type of property is this?
    Shopping center - Grocery-anchored retail space available.
    Where is this shopping center located?
    The property is located at 2400 4Th St Mason City, IA.
    What is the lease rate?
    The lease rate is $0.00-$18 SF/Yr.
    What are key features of this property?
    This property features: 11,978 SF retail space available for lease in a grocery-anchored center in Mason City, IA.; 100% vacant, offering flexibility for multiple tenants with spaces ranging from 1,251 SF to 6,062 SF.; Hy-Vee-anchored center in a high-traffic retail corridor with strong co-tenancy including Hobby Lobby, Dollar Tree, and others.
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    2400 4Th St Mason City, IA 50401
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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
    2400 4Th St Mason City, IA 50401
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