former econo foods - loopnet · cushman & wakefield 3500 american blvd. w. suite 200....

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For more information, please contact: Josh Seamans +1 319 731 3422 [email protected] RETAIL SPACE AVAILABLE Cushman & Wakefield 3500 American Blvd. W. Suite 200 Minneapolis, MN 55431 cushmanwakefield.com Deb Carlson +1 952 465 3370 [email protected] Skip Melin, CCIM +1 952 465 3377 [email protected] Former Econo Foods 101 Iowa Avenue SW, Marshalltown, IA 50158 http://www.spartannashrealestate.com ©2017 Cushman & Wakefield NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IS MADE TO THE ACCURACY OR COMPLETENESS OF THE INFORMATION CONTAINED HEREIN, AND SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, WITHDRAWAL WITHOUT NOTICE, AND TO ANY SPECIAL LISTING CONDITIONS IMPOSED BY THE PROPERTY OWNER(S). AS APPLICABLE, WE MAKE NO REPRESENTATION AS TO THE CONDITION OF THE PROPERTY (OR PROPERTIES) IN QUESTION. 59,888 SF AVAILABLE

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Page 1: Former Econo Foods - LoopNet · Cushman & Wakefield 3500 American Blvd. W. Suite 200. Minneapolis, MN 55431 cushmanwakefield.com Deb Carlson +1 952 465 3370 deb.carlson@cushwake.com

For more information, please contact:

Josh Seamans +1 319 731 3422 [email protected]

RETAIL SPACE AVAILABLE

Cushman & Wakefield 3500 American Blvd. W. Suite 200 Minneapolis, MN 55431cushmanwakefield.com

Deb Carlson +1 952 465 3370 [email protected]

Skip Melin, CCIM +1 952 465 [email protected]

Former Econo Foods101 Iowa Avenue SW, Marshalltown, IA 50158

http://www.spartannashrealestate.com©2017 Cushman & Wakefield NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IS MADE TO THE ACCURACY OR COMPLETENESS OF THE INFORMATION CONTAINED HEREIN, AND SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, WITHDRAWAL WITHOUT NOTICE, AND TO ANY SPECIAL LISTING CONDITIONS IMPOSED BY THE PROPERTY OWNER(S). AS APPLICABLE, WE MAKE NO REPRESENTATION AS TO THE CONDITION OF THE PROPERTY (OR PROPERTIES) IN QUESTION.

59,888 SF AVAILABLE

Page 2: Former Econo Foods - LoopNet · Cushman & Wakefield 3500 American Blvd. W. Suite 200. Minneapolis, MN 55431 cushmanwakefield.com Deb Carlson +1 952 465 3370 deb.carlson@cushwake.com

For more information, please contact:

Josh Seamans +1 319 731 3422 [email protected]

RETAIL SPACE AVAILABLE

Cushman & Wakefield 3500 American Blvd. W. Suite 200 Minneapolis, MN 55431cushmanwakefield.com

Deb Carlson +1 952 465 3370 [email protected]

Skip Melin, CCIM +1 952 465 [email protected]

Former Econo Foods101 Iowa Avenue SW, Marshalltown, IA 50158

http://www.spartannashrealestate.com©2017 Cushman & Wakefield NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IS MADE TO THE ACCURACY OR COMPLETENESS OF THE INFORMATION CONTAINED HEREIN, AND SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, WITHDRAWAL WITHOUT NOTICE, AND TO ANY SPECIAL LISTING CONDITIONS IMPOSED BY THE PROPERTY OWNER(S). AS APPLICABLE, WE MAKE NO REPRESENTATION AS TO THE CONDITION OF THE PROPERTY (OR PROPERTIES) IN QUESTION.

Property Highlights BUILDING INFORMATION

Location Iowa Avenue SW & S Center Street

Building Size 59,888 square feet

Space Available 59,888 square feet

Lease Rate Negotiable

Term of Lease Negotiable

DEMOGRAPHICS 1 Mile 3 Miles 5 Miles

Population 3,741 18,653 29,958

Households 1,561 7,291 11,219

Avg. HH Income $66,966 $64,536 $60,984

Daytime Population 3,441 14,709 20,743

TRAFFIC COUNTS VPD

Iowa Avenue W West of S Center Street 7,800

S Center Street North of Iowa Avenue W 13,700

S Center Street South of Iowa Avenue W 13,400

• Former supermarket building located at the entrance to Marshalltown from Highway 30

• Clean space with high ceilings

• Located with Staples and the VA Marshalltown Clinic

• On Center Street, just south of the Walmart Supercenter and Marshalltown Center Mall with Younkers and JC Penneys

• New Menards just west of the site

• Two pylon signs available

• Space can be subdivided

• Alliant Energy has a $750,000,000 gas plant in Marshalltown under construction, with commercial operation commencing mid year 2017

OPERATING EXPENSES (2016 ESTIMATES)

Total $1.85 psf

Page 3: Former Econo Foods - LoopNet · Cushman & Wakefield 3500 American Blvd. W. Suite 200. Minneapolis, MN 55431 cushmanwakefield.com Deb Carlson +1 952 465 3370 deb.carlson@cushwake.com

FOR SALE OR LEASERETAIL SPACE AVAILABLE

Former Econo Foods101 Iowa Avenue SW, Marshalltown, IA 50158

Page 4: Former Econo Foods - LoopNet · Cushman & Wakefield 3500 American Blvd. W. Suite 200. Minneapolis, MN 55431 cushmanwakefield.com Deb Carlson +1 952 465 3370 deb.carlson@cushwake.com

FOR SALE OR LEASERETAIL SPACE AVAILABLE

Former Econo Foods101 Iowa Avenue SW, Marshalltown, IA 50158

Page 5: Former Econo Foods - LoopNet · Cushman & Wakefield 3500 American Blvd. W. Suite 200. Minneapolis, MN 55431 cushmanwakefield.com Deb Carlson +1 952 465 3370 deb.carlson@cushwake.com

FOR SALE OR LEASERETAIL SPACE AVAILABLE

Former Econo Foods101 Iowa Avenue SW, Marshalltown, IA 50158

Page 6: Former Econo Foods - LoopNet · Cushman & Wakefield 3500 American Blvd. W. Suite 200. Minneapolis, MN 55431 cushmanwakefield.com Deb Carlson +1 952 465 3370 deb.carlson@cushwake.com

Executive SummaryMarshaltown - 101 Iowa Ave SwMarshaltown, IARetail Listing

1 mile 3 miles 5 milesPopulation

2010 Population 3,616 18,424 29,573

2017 Population 3,741 18,653 29,9582022 Population 3,803 18,749 30,103

2010-2017 Annual Rate 0.47% 0.17% 0.18%

2017-2022 Annual Rate 0.33% 0.10% 0.10%

2017 Male Population 47.2% 49.1% 50.2%2017 Female Population 52.8% 50.9% 49.8%2017 Median Age 48.1 40.5 38.8

Currently, the U.S. median age is 38.2 years old.

Population by Employment2017 Civilian Population Base 1,785 8,739 13,583

2017 % Civilian Labor Force Employed 97.8% 96.5% 95.3%

2017 % Civilian Labor Force Unemployed 2.2% 3.5% 4.7%

Occupation Distribution2017 % White Collar Jobs 59.7% 52.7% 49.2%

2017 % Services Jobs 13.5% 17.4% 17.3%

2017 % Blue Collar Jobs 26.8% 29.9% 33.4%

Population by Education2017 Education Base - Population 25 + 2,716 12,703 20,056

Less than 9th Grade 5.6% 8.1% 11.5%

9th - 12th Grade, No Diploma 4.5% 6.7% 8.6%

High School Graduate 28.6% 27.0% 25.9%

GED/Alternative Credential 3.5% 4.4% 4.3%

Some College, No Degree 22.1% 23.3% 22.2%

Associate Degree 7.5% 8.1% 8.0%

Bachelor's Degree 18.5% 14.7% 13.1%

Graduate/Professional Degree 9.9% 7.7% 6.4%

Per Capita Income2017 Per Capita Income $28,998 $25,623 $23,3322022 Per Capita Income $31,915 $28,125 $25,661

2017-2022 Annual Rate 1.94% 1.88% 1.92%

Currently, the U.S. per capita income is $30,820. The per capita income is projected to be $34,828 in five years, for all U.S. households.

Households2010 Households 1,502 7,228 11,138

2017 Total Households 1,561 7,291 11,2192022 Total Households 1,587 7,315 11,246

2010-2017 Annual Rate 0.53% 0.12% 0.10%

2017-2022 Annual Rate 0.33% 0.07% 0.05%

2017 Average Household Size 2.24 2.49 2.56

Median Household Income2017 Median Household Income $56,283 $52,332 $50,0092022 Median Household Income $59,701 $54,672 $52,211

2017-2022 Annual Rate 1.19% 0.88% 0.87%

Currently, the median household income is $56,124for all U.S. households. Median household income is projected to be $77,118 in five years, for all U.S. households.

Source: U.S. Census Bureau, Census 2010 Data. Esri forecasts for 2017 and 2022

November 01, 2017Prepared By Cushman & Wakefield Click Me

©2017 Esri Latitude: 42.007775 Longitude: -92.915377 Page 1 of 2

Executive SummaryMarshaltown - 101 Iowa Ave SwMarshaltown, IARetail Listing

1 mile 3 miles 5 milesAverage Household Income

2017 Average Household Income $66,966 $64,536 $60,9842022 Average Household Income $73,926 $71,042 $67,385

2017-2022 Annual Rate 2.00% 1.94% 2.02%

Currently, the average household income is $80,675 for all U.S households. Average household income is projected to be $109,982 in five years, for all U.S. households Households by Income

2017 Household Income Base 1,561 7,291 11,219

<$15,000 174 786 1,345

$15,000-$24,999 156 708 1,195

$25,000-$34,999 138 828 1,387

$35,000-$49,999 185 1,070 1,681

$50,000-$74,999 366 1,760 2,600

$75,000-$99,999 246 972 1,358

$100,000-$149,999 225 830 1,195

$150,000-$199,999 44 182 267

$200,000+ 26 157 191

Housing

2010 Housing Units 1,600 7,721 12,025Owner Occupied Housing Units 66.2% 67.8% 64.5%

Renter Occupied Housing Units 27.7% 25.8% 28.1%

Vacant Housing Units 6.1% 6.4% 7.4%

2017 Housing Units 1,616 7,779 12,106Owner Occupied Housing Units 67.0% 66.8% 63.4%

Renter Occupied Housing Units 29.6% 26.9% 29.3%

Vacant Housing Units 3.4% 6.3% 7.3%

2022 Housing Units 1,637 7,826 12,171Owner Occupied Housing Units 67.5% 66.7% 63.3%

Renter Occupied Housing Units 29.4% 26.8% 29.1%

Vacant Housing Units 3.1% 6.5% 7.6%

Currently, in the U.S., 55.6% of the housing units are owner occupied; 33.1% are renter occupied; and 11.3% are vacant.

Daytime PopulationTotal Employees 3,441 14,709 20,743

Total Businesses 266 883 1,061

Total Residential Population 3,741 18,653 29,958

Employee/Residential Population Ratio 92 79 69

Top Tapestry Segments1 mile 3 miles 5 miles

Midlife Constants (5E)Middleburg (4C)Comfortable Empty Nesters (5A)Green Acres (6A)

83.5%

7.8%4.5%4.4%

Midlife Constants (5E)Traditional Living (12B)Hardscrabble Road (8G)Comfortable Empty Nesters (5A)Heartland Communities (6F)

29.0%

16.6%

12.1% 11.6%

9.8%

Midlife Constants (5E)Heartland Communities (6F)Hardscrabble Road (8G)Traditional Living (12B)Comfortable Empty Nesters (5A)

18.9%17.2%

14.7%13.9%

8.6%

More information about tapestry descriptions can be found here

Source: U.S. Census Bureau, Census 2010 Data. Esri forecasts for 2017 and 2022

November 01, 2017Prepared By Cushman & Wakefield Click Me

©2017 Esri Latitude: 42.007775 Longitude: -92.915377 Page 2 of 2

Demographics

FOR SALE OR LEASERETAIL SPACE AVAILABLE

Former Econo Foods101 Iowa Avenue SW, Marshalltown, IA 50158