Property summary
Pine Tree Plaza, a thriving community center in Altoona, Iowa, offers exceptional retail space for lease. This 42,015 square foot center sits on a 5.83-acre lot, providing ample space and visibility. Its strategic location directly west of a Wal-Mart Supercenter ensures high traffic counts, with 19,920 vehicles passing daily on 8th Street. The center boasts a strong tenant mix, including established businesses such as Maurices, ReMax, Sally Beauty Supply, Bone-A-Patreat, Sugar Shack, and Gamestop. This diverse tenant base creates a vibrant and attractive shopping destination. The property is classified as multi-tenant retail, offering opportunities for various business types to thrive within a well-established community hub. The significant daily traffic volume, coupled with the presence of successful existing tenants, presents a compelling investment opportunity for businesses seeking high visibility and a strong customer base. The ample land area also allows for potential expansion or future development. This property is ideal for businesses looking to establish a presence in a high-traffic, well-established retail center in a growing Iowa community. The existing tenant mix provides a strong foundation for new businesses to flourish. Contact us today to learn more about leasing opportunities at Pine Tree Plaza.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
8. C-2 General Commercial District. 9. C-3 Planned Commercial District. 10. C-4 Village Commercial District. 11. C-5 Office Park. 12. C-6 Commercial Entertainment or Recreational District. 13. C-7 Regional Commercial Dis…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2020Property description
Physical attributes from public recordsZoning & alternative use
C-2 · Altoona, IA8. C-2 General Commercial District. 9. C-3 Planned Commercial District. 10. C-4 Village Commercial District. 11. C-5 Office Park. 12. C-6 Commercial Entertainment or Recreational District. 13. C-7 Regional Commercial Dis…
Zoning
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Zoning designation
Official district profile
8. C-2 General Commercial District. 9. C-3 Planned Commercial District. 10. C-4 Village Commercial District. 11. C-5 Office Park. 12. C-6 Commercial Entertainment or Recreational District. 13. C-7 Regional Commercial Dis…
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