Iowa City Marketplace | Iowa City, IA
Sands Investment Group is Pleased to Present Exclusively For Sale the Iowa City Marketplace, a 244,182 SF Power Center Located Just 2-Miles From the University of Iowa and University of Iowa Hospital. This Deal Includes the Main Shopping Center, an Outparcel Strip Center, and a Free-Standing McDonald’s and Drive-Thru Bank on Over 22 Acres. Anchored By the First Ollie’s in the State of Iowa.
- 80% Occupied Power Center Anchored By the First Ollie’s in the State of Iowa, With Best in Class Co-Tenancy of JOANN, Planet Fitness, Panera Bread, McDonald’s, Dollar Tree and the University of Iowa Health Clinic
- Immediate Upside With Backfilling the Vacant Spaces, as Well as Outparcel Arbitrage With the Outparcel Strip Center and the McDonald’s Free Standing Parcel
- The Subject Property is Located Along a High Traffic Corridor (+/- 40,000 VPD), Just 2-Miles Southeast of The University of Iowa and University of Iowa Hospital Which is a Top 100 University
- New Ollie’s Anchor Tenancy (First Ollie’s in The State of Iowa)
- Prior LOI With Five Below, Showing Continued Demand From National Retailers
- Seven (7) Suites Totaling 48,208 SF of Vacancy Available For Future Upside – 20% of the GLA
- Three (3) Potential Additional Outlots Within the Center
In Cooperation With Sands Investment Group Iowa, Inc – Lic. #F06091000 BoR: Andrew Ackerman – Lic. IA #B67615000
View Similar Investment Opportunities
Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities
