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Marshalltown Retail Development Opportunity
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2500 S Center, Marshalltown, IA 50158

Retail parcels and pad sites available in Marshalltown's largest development.

Property SizeContact for details
Days on Market1175

Property Features for 2500 S Center

General Information

Standard status Active
Property subtype Retail
Listing Agency: The Lerner Company
Listed By: Dennis Thaemert · License #NE S44810000
Source: Crexi
Added: Jun 17, 2023 Changed: Aug 14 Last Checked: Sep 2 at 3:11PM

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 The Lerner Company

Investment Insights

Based on property information with market context.

Under new ownership, Marshall Town Mall is undergoing renovations, with new national retail tenants expected to be announced in early 2025. Available for purchase are three improved parcels and two pad sites fronting South Center Street (Iowa State Highway 14), which experiences an estimated 17,900 vehicles per day. This presents an opportunity to acquire single or multiple properties within Marshalltown's largest retail development.

Key Highlights

  • Redevelopment and Renovations Underway: Marshall Town Mall is undergoing renovations under new ownership.
  • New National Retail Tenants: New national retail tenants will be announced in early 2025.
  • High Traffic Location: Frontage on So. Center St. (Iowa State Highway 14) with approximately 17,900 vehicles per day.

Property Analytics

Current Use

MAMA DiGrado's PASTA ... Restaurant Arby's Restaurant Lucky Friday Bin ... Discount Store Miracle-Ear Hearing Aid ... Hearing Aid Store Marshalltown Mall Shopping Center & Mall

Suggested Use

Top Pick Big Box & Wholesale Store Real Estate Agency Law Firm Building Supply Hair Salon HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

520
Businesses Nearby

Demographics for 50158, IA

31,466
Population
12,614
Households
2.5
Avg Household Size
38
Median Age
21%
College-Educated
84%
High-School Grad
212.2 sq mi
ZIP Area
148
Density / Sq Mi
$71,212
Median Household Income
$40,437
Median Earnings
$865
Median Rent
$130,500
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 parcels and pad sites available in Marshalltown's largest development.
Where is this retail space located?
The property is located at 2500 S Center Marshalltown, IA.
What are key features of this property?
This property features: Redevelopment and Renovations Underway: Marshall Town Mall is undergoing renovations under new ownership.; New National Retail Tenants: New national retail tenants will be announced in early 2025.; High Traffic Location: Frontage on So. Center St. (Iowa State Highway 14) with approximately 17,900 vehicles per day.
More about this property
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