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Storm Lake Retail Leasing Opportunity
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1403 N Lake Ave, Storm Lake, IA 50588

Retail spaces available in Storm Lake Plaza, anchored by national tenants.

Space Size1,743 SF - 589,802 SF
Days on Market1818

Property Features for 1403 N Lake Ave

General Information

Standard status Active
Size 1,743 SF - 589,802 SF
Property subtype Retail, Land
Lease Type NNN

Building Details

Building Size 7,000 SF
Tenancy Multiple

Spaces For Lease

at 1403 N Lake Ave Contact us

Outlot

Size
1,743 SF
Type
Land, Retail
Lease Type
NNN
Availability
Active
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Bay 1-4

Type
Retail
Lease Type
NNN
Availability
Active
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Land .42 ( .42 Acres)

Size
18,295 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

Land 13.54 (Acres)

Size
589,802 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Noddle Companies
Listed By: Brayden Mussman · License #NE 20180308
Source: Crexi
Added: Aug 20, 2021 Changed: Aug 8 Last Checked: Aug 10 at 1:14PM

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 Noddle Companies

Investment Insights

Based on property information with market context.

An exceptional retail leasing opportunity is available immediately in Storm Lake Plaza, located at 1403 North Lake Ave in Storm Lake, Iowa. The plaza is anchored by strong national tenants including Ace Hardware and Dollar General, and sits on Highway 71, the main retail corridor through the city. This leasing opportunity includes two distinct retail spaces: Bays 1-4, which offer a contiguous space of 5,600 SF, and the standalone Outlot Building, which provides 1,743 SF. The Bays 1-4 space is part of the main shopping center structure, adjacent to co-tenants like Ace Hardware, China Buffet, and Dollar General. The Outlot Building, a distinct structure visible from N Lake Avenue, features a unique design. The estimated NNN expenses for the center are $2.64 PSF.

Key Highlights

  • Located on Highway 71, the main retail corridor in Storm Lake.
  • Anchored by strong national tenants Ace Hardware and Dollar General.
  • Two distinct retail spaces available:** 5,600 SF (Bays 1‑4) and 1,743 SF (Outlot Building).

Property Analytics

Current Use

Retail space

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

388
Businesses Nearby
78k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 35% Groceries 25% Home Improvements & Furnishings 22% Dining 10%
Hy-Vee Groceries
19,157 visits/mo 0.1 miles
Casey's Shops & Services
17,600 visits/mo 0.5 miles
Bomgaars Home Improvements & Furnishings
12,747 visits/mo 0.1 miles
Dollar General Shops & Services
5,320 visits/mo 0.3 miles
Pizza Hut Dining
4,458 visits/mo 0.5 miles

Demographics for 50588, IA

13,331
Population
5,040
Households
2.6
Avg Household Size
33
Median Age
23%
College-Educated
75%
High-School Grad
138.8 sq mi
ZIP Area
96
Density / Sq Mi
$65,475
Median Household Income
$37,964
Median Earnings
$836
Median Rent
$178,800
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?
Retail space - Retail spaces available in Storm Lake Plaza, anchored by national tenants.
Where is this retail space located?
The property is located at 1403 N Lake Ave Storm Lake, IA.
What is the lease rate?
The lease rate is $9 SF/Yr.
What are key features of this property?
This property features: Located on Highway 71, the main retail corridor in Storm Lake.; Anchored by strong national tenants Ace Hardware and Dollar General.; Two distinct retail spaces available:** 5,600 SF (Bays 1‑4) and 1,743 SF (Outlot Building).
(402) 496-1616 Call to check price and availability
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