Listed by The Lerner Company
Unpriced
Marshalltown Mall Outlets
Details
APN 8318-11-252-006; 8318-11-252-003; 8318-11-252-001; 8318-11-252-009
Property Type Retail
Sub Type Commercial
Lot Size (SqFt) 211,914
Retail
Marketing description
Marshall Town Mall is now under new ownership with renovations and new national retail
tenants being announced in early 2025!
Along with this exciting redevelopment news for city of Marshalltown, three (3) improved
parcels and two (2) pad sites that front on heavily trafficked So. Center St. are being offered
for sale. So. Center St. (Iowa State Highway 14) has an estimated vehicle count of 17,900
per day. This is an opportunity to purchase single or multiple properties in the largest retail
development in Marshalltown.
Investment highlights
- LOT 3
- Single Tenant Building: 100% Leased
- CHINA BUFFET – Lease expiration
- date – 06/30/2028
- 2614 S Center Street
- Marshalltown, IA 50158
- Building Size: 3,300 SF
- Parcel: 134’ x 129’ = 17,424 SF
- Annual RE Taxes: $7,940.00
- Parcel ID: 8318-11-252-006
- Selling Price: $865,000
- LOT 6
- Multi-Tenant Strip - 100% Leased
- 2414 S Center Street
- Marshalltown, IA 50158
- TENANTS:
- T-Mobile – 2400 sf – Lease expiration
- date – 06/30/2028
- Miracle Ear – 1050 sf – Lease
- expiration date – 02/28/2029
- Eyemart Optical – 1200 sf – Lease
- expiration date – 11/30/2027
- Building Size: 4,800 SF
- Parcel: 114’ x 176’ = 20,037 SF
- Annual RE Taxes: $22,248.00
- Parcel ID: 8318-11-252-003
- Selling Price: $1,900,000
- LOT 7
- Single Tenant Vacant Building
- Former Arby’s
- 2410 S Center Street
- Marshalltown, IA 50158
- Building Size: 2,990 SF
- Parcel: 114’ x 208’ = 23,522 SF
- Annual RE Taxes: $23,396.26
- Parcel ID: 8318-11-252-006
- Selling Price: $985,000
- LOT 8
- Land North Parcel
- Lot Size: 62,068 SF
- Parcel ID: 8318-11-252-001
- Selling Price: $599,000
- LOT 9
- Land Northeast Parcel
- Lot Size: 149,846 SF
- Parcel ID: 8318-11-252-009
- Selling Price: $599,000
Listing Contacts
Listed by The Lerner Company
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