Strip Mall

Ottumwa, IA Strip Malls for Sale

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Agency, IA Bloomfield, IA Blakesburg, IA Floris, IA Hedrick, IA Batavia, IA Ollie, IA Douds, IA
NNN-Leased Retail Strip
Updated: May 7
NNN-Leased Retail Strip

1255 Theatre Drive, Ottumwa, IA 52501

Contact for pricing
5,074 sqft
Fee simple retail strip offering land & building ownership
NNN‑leased to Aspen Dental and Jersey Mike's
Average remaining lease term over 5 years with multiple extension options
Jersey Mike's includes a rent increase after year five with fixed increases on three 5‑year renewal options
Tenants reimburse their pro rata share of CAM, taxes, and insurance under triple‑net leases
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See hot listings in Ottumwa

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
1 active listing matches your search: Strip Mall for sale in Ottumwa, IA. Based on your search, we've also compiled 11 Potential Opportunities for your consideration: 4 properties in nearby cities and 7 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.

Anchored Shopping Center
Anchored Shopping Center

151 Jacolyn Drive NW, Cedar Rapids, IA 52405

$2,000,000
37,336 sqft 4.77 AC lot

Multi-building retail campus with established tenants near residential neighborhoods, schools, and major roadways.

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Multi-Tenant Shopping Center
Multi-Tenant Shopping Center

4000 46th Ave, Rock Island, IL 61201

$1,750,000
Multi-tenant  65,330 sqft  7.07 acres
Dollar General, Salon Centric co-tenants

Retail and office space is complemented by surface parking and storefront signage.

On-site Metro service  Ample surface parking  Prominent storefront signage
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Open-Plan Retail Suite
Open-Plan Retail Suite

266 Blairs Ferry Road NE, Cedar Rapids, IA 52402

Contact for pricing
15,803 sqft 2.02 AC lot

The space pairs an open customer area with a private office, restroom, and storage.

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End-Cap Retail Space
End-Cap Retail Space

1635 30th Street #102-103, Rock Island, IL 61201

Contact for pricing
4,000 sqft  Built 2004

Two end-cap suites can be configured in different sizes for retail use.

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Off-Market Properties in Ottumwa, IA

Consider similar Off-Market properties in Ottumwa, 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.

1000 Wildwood Dr
SHOPPING CENTER, STRIP CENTER

1000 Wildwood Dr, Ottumwa, IA 52501

Estimated value:
$310,000
12,093 sqft 1.24 AC lot
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1111 Quincy Ave
SHOPPING CENTER, STRIP CENTER

1111 Quincy Ave, Ottumwa, IA 52501-3864

Estimated value:
$2,695,000
29,922 sqft 5.38 AC lot
View details
1859 Venture Dr
SHOPPING CENTER, STRIP CENTER

1859 Venture Dr, Ottumwa, IA 52501-3771

Estimated value:
$2,035,000
22,320 sqft 2.97 AC lot
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720 Vine St
SHOPPING CENTER, STRIP CENTER

720 Vine St, Ottumwa, IA 52501-4300

Estimated value:
$360,000
2,790 sqft 0.15 AC lot
View details
850 Quincy Ave
SHOPPING CENTER, STRIP CENTER

850 Quincy Ave, Ottumwa, IA 52501-3886

Estimated value:
$675,000
33,296 sqft 3.77 AC lot
View details
615 Pennsylvania Ave
SHOPPING CENTER, STRIP CENTER

615 Pennsylvania Ave, Ottumwa, IA 52501-2116

Estimated value:
$315,000
13,385 sqft 1.38 AC lot
View details
2443 Northgate St
SHOPPING CENTER, STRIP CENTER

2443 Northgate St, Ottumwa, IA 52501-1117

Estimated value:
$325,000
4,120 sqft 4.90 AC lot
View details

Ottumwa, IA Strip Malls Market Trends and Statistics

Explore 8 strip malls for sale in Ottumwa, IA on our real estate platform. These investment opportunities span a total of 5,074 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Automotive properties 2
Car washes 2
Gas stations 2
Grocery and convenience stores 2
Storefront properties 1

Demographics Overview

Population 30K
Population Growth (5Y) +2.3%
Median Household Income $59,091
College Educated 28.3%

Taxes & Financing

Tax Rate (average for all types) 3.02%
Property Tax per SF $37.77 per SF
Tax Rate vs County Average 0.04 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Wapello County

New Delisted

Total CRE Inventory on Market (SF)

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