1601 Broadway St Red Oak, IA 51566
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.
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Westlake Ace Hardware Building Supply Hardware & Home Improvement
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UPS Authorized Shipping Provider Courier Service Postal Service
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Resharp Sharpening Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.