Altoona, IA Land Space For Lease

Property Features

• For Sale: $12.50/SF

• For Lease: $25–29/SF/NNN

• Prime location just south of I-80 and 1st Avenue N

exit at Altoona’s northern front door.

• Up to 10,000 feet of high visibility retail space

with drive thru and patio overlooking a pond and

walking trail available.

• From ¾ up to 1½ acres available for medical,

restaurant, retail, or other commercial use.

• One mile from the new Amazon Fulfillment center

and in the path of workforce travel for 1,500

new jobs

• Growing residential population in need of restaurants

and services in this area

Property Description

Retail Pad site available for purchase, BTS or GL next to our new construction, Class A mixed-use multifamily development project with over 200 units and 7500 SF of retail space. Frontage to 8th St SW with over 16,300 AADT according to Iowa DOT. Altoona, IA is home to Adventureland Resort, Prairie Meadows Racetrack

and Casino and The Outlets of Des Moines which combine to attract over 1.5 million visitors annually.

Altoona has shown strong growth with a 2022 population of 21,503. A 9.8% increase from 2020. Altoona has issued over $700M worth of commercial construction permits in 2021 and 2022.