Village Shopping Center
91% Leased Regional Open-Air Shopping Center | 35 Tenant Suites | Value-Add Opportunity - 6%+ CAGR
Investment highlights
Tremendous Recent Leasing Velocity
4 tenant openings across 72,708 SF since 2024, representing 33% of leasable GLA
Dominant Anchor Tenant Performance & Strong Credit Quality
#1 most trafficked Ross (Moody’s A2) in Iowa
#3 most trafficked Pet Supplies Plus & Five Below in Iowa
Over 60% of occupied space is national tenancy
Regional Center with Local Draw & Unmatched Visibility
Over 2.1M annual visits and combined VPD of 36k
Stable Cash Flow with Value-Add Opportunity
18,472 SF of leasable vacant space available across 5 suites, offering opportunity to increase rental revenue by +/- 13% through lease-up
Ideal Anchor to Shop Space Ratio
68% Big Box / Jr Anchor to 32% Small Shop
Located on Retail Corridor Supported by Major Regional & National Retailers
Only 2.1% retail vacancy within 5-mile radius
Potential to Relocate National Retailers from Adjacent NorthPark Mall ($290 Sales PSF)
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