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Altoona, IA

Strip Mall

Altoona, IA Strip Malls for Sale

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Bondurant, IA Des Moines, IA Clive, IA Pleasant Hill, IA Runnells, IA Mitchellville, IA Ankeny, IA West Des Moines, IA

Multi-Tenant Drive-Thru Strip Mall

Updated: May 4

Multi-Tenant Drive-Thru Strip Mall

3053 8th Street Southwest, Altoona, IA 50009

Contact for pricing

9,728 sqft

9,728‑square‑foot strip mall built in 2017
Tenant roster includes Chipotle, Dunkin’ Donuts, Supercuts, Planet Smoothie, and RC Dermatology
Dunkin’ Donuts drive‑through end cap and Chipotle 10‑year lease
C‑2 zoning at a signalized intersection on 8th Street Southwest
Direct access to US Route 65 with major retail anchors nearby

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 23 Potential Opportunities for your consideration. Besides 1 Active listings in Altoona, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 18 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Multi-Tenant Strip Center

Multi-Tenant Strip Center

3620-3628 Kimball Avenue, Waterloo, IA 50702

$1,500,000

6,720 sqft

Multi-tenant retail property with long-term leases, street frontage, and C-1,C-Z zoning.

New Retail Center in Grimes

New Retail Center in Grimes

825 NE Gateway Dr., Grimes, IA 50111

Contact for pricing

1,600 sqft 3.12 AC lot

New retail strip center near high-traffic highway and entertainment district.

Inline Retail Space in Strip Center

Inline Retail Space in Strip Center

1515 Flammang Drive, Waterloo, IA 50702

Contact for pricing

1,664 sqft

In-line retail unit with strong signage in a Waterloo strip center anchored by national retailers.

New Retail Center in Grimes

New Retail Center in Grimes

825 NE Gateway Dr, Grimes, IA 50111

Contact for pricing

21,238 sqft

New retail strip center near high-traffic area and entertainment district.

Off-Market Properties in Altoona, IA

Consider similar Off-Market properties in Altoona, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

3053 8th SW St

SHOPPING CENTER, STRIP CENTER

3053 8th SW St, Altoona, IA 50009-1049

Value Estimation by Request

9,800 sqft 2.41 AC lot

3160 8th SW St

SHOPPING CENTER, STRIP CENTER

3160 8th SW St, Altoona, IA 50009-1023

$5,500,000

Estimated value

4,000 sqft 4.78 AC lot

412 8th SW St

SHOPPING CENTER, STRIP CENTER

412 8th SW St, Altoona, IA 50009-1620

$1,385,000

Estimated value

9,700 sqft 0.85 AC lot

116 1st N Ave

SHOPPING CENTER, STRIP CENTER

116 1st N Ave, Altoona, IA 50009-1425

$505,000

Estimated value

6,600 sqft 0.77 AC lot

709 34th SW Ave

SHOPPING CENTER, STRIP CENTER

709 34th SW Ave, Altoona, IA 50009-2676

$2,040,000

Estimated value

11,070 sqft 1.06 AC lot

3219 8th SW St

SHOPPING CENTER, STRIP CENTER

3219 8th SW St, Altoona, IA 50009-1035

$810,000

Estimated value

7,632 sqft 0.86 AC lot

1005 8th SW St

SHOPPING CENTER, STRIP CENTER

1005 8th SW St, Altoona, IA 50009-2310

$620,000

Estimated value

6,421 sqft 1.55 AC lot

404 8th SW St

SHOPPING CENTER, STRIP CENTER

404 8th SW St, Altoona, IA 50009-4400

$530,000

Estimated value

4,980 sqft 0.58 AC lot

1003 8th SW St

SHOPPING CENTER, STRIP CENTER

1003 8th SW St, Altoona, IA 50009-2349

$1,785,000

Estimated value

20,316 sqft 1.20 AC lot

102 3rd SE St

SHOPPING CENTER, STRIP CENTER

102 3rd SE St, Altoona, IA 50009-1827

$280,000

Estimated value

7,028 sqft 0.40 AC lot

2437 Adventureland Dr

SHOPPING CENTER, STRIP CENTER

2437 Adventureland Dr, Altoona, IA 50009-9409

$680,000

Estimated value

6,600 sqft 0.97 AC lot

301 Ctr SW Pl

SHOPPING CENTER, STRIP CENTER

301 Ctr SW Pl, Altoona, IA 50009-1701

$1,200,000

Estimated value

13,560 sqft 1.52 AC lot

160 Adventureland NW Dr

SHOPPING CENTER, STRIP CENTER

160 Adventureland NW Dr, Altoona, IA 50009-4231

$2,310,000

Estimated value

25,979 sqft 3.44 AC lot

3418 8th SW St

SHOPPING CENTER, STRIP CENTER

3418 8th SW St, Altoona, IA 50009-1030

$1,045,000

Estimated value

10,005 sqft 1.28 AC lot

501 8th SE St

SHOPPING CENTER, STRIP CENTER

501 8th SE St, Altoona, IA 50009-1903

$1,425,000

Estimated value

17,280 sqft 1.57 AC lot

3770 8th SW St

SHOPPING CENTER, STRIP CENTER

3770 8th SW St, Altoona, IA 50009-1048

$1,640,000

Estimated value

16,500 sqft 2.40 AC lot

307 8th SW St

SHOPPING CENTER, STRIP CENTER

307 8th SW St, Altoona, IA 50009-1615

$255,000

Estimated value

6,800 sqft 0.69 AC lot

550 36th SW Ave

SHOPPING CENTER, STRIP CENTER

550 36th SW Ave, Altoona, IA 50009-2626

$3,085,000

Estimated value

34,165 sqft 6.15 AC lot

Altoona, IA Strip Malls Market Trends and Statistics

Explore 19 strip malls for sale in Altoona, IA on our real estate platform. These investment opportunities span a total of 9,728 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 22K

Population Growth (5Y) +12.4%

Median Household Income $90,393

College Educated 41.8%

Taxes & Financing

Tax Rate (average for all types) 1.08%

Property Tax per SF $36.39 per SF

Tax Rate vs County Average 1.34 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Polk County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Polk County

Residential Income

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