investment opportunity: fort dodge, iowa redevelopment
DESCRIPTION
In the heart of a booming economic area, Fort Dodge’s primary market is comprised of more than 9 communities in a 30-mile radius. The closest major communities are Des Moines, Ames and Mason City. For consumers who live in this market , finding major retail is combursome. For this reason, the development of Fort Dodge’s retail cluster offers a significant opportunity. Fort Dodge has a shopping, but the next closest location for any major retail it is 30 to 45 miles away. A retail corridor in Fort Dodge would serve not only local residents but also people from other communities. Area pride translates to a strong community base and the patron encouragement to buy local. The intent is to make shopping more convenient for consumers in this market. Rather than drive over an hour just to shop for shoes, residents are eager to shop in their own backyard and want additional retail near the existing cluster of Wal-Mart, Target, HyVee, and the Crossroads Mall.TRANSCRIPT
contact information
Barbara K. Hokel, CCIMdirect 515 309 4002
mobile 515 418 [email protected]
Be the future, be the difference, develop
FORT DODGEIOWA
FORT DODGE, IOWA: AT A GLANCE
With a primary market area comprising more than 9 communities in a 30-mile radius, Fort Dodge sits inthe heart of a booming economic area. The closest major communities are Des Moines, located an hourand 45 minute drive southwest; Ames, an hour and 15 minutes southeast; and Mason City, an hour and 30minutes northeast. For consumers who live in the primary market area, the closest major retail is more thanan hour’s drive away. For this reason, the development of Fort Dodge’s retail cluster offers a significant op-portunity.
Fort Dodge has a Wal-Mart and a Target, but the next closest locations of these stores are 30 and 45 milesaway. The next closest McDonald’s is 27 miles away. A retail corridor in Fort Dodge would serve not onlylocal residents but also people from other communities.
1701 48th Street Suite 111 West Des Moines Iowa 50266www.ruhldsm.com l ruhldsm.blogspot.com
The information contained herein has been given to us by the owner of the property or
other sources we deem reliable. We have no reason to doubt its accuracy, but we do
not guarantee it. All information should be verified prior to purchase or lease.
contact information
Barbara K. Hokel, CCIMdirect 515 309 4002
mobile 515 418 [email protected]
Property Highlights
n Located in a high traffic area due to close proximity to Wal-Mart, Target, HyVee, and Crossroads Mall
n Nearly 115,000 people within aPrimary Market Area with an average income of $56,000
n Offers a great opportunity for high-volume retail
Photo taken from Fortdodgeiowa.org
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Demographics - Fort Dodge Market Area
2009 Population 115,8352009 Total Households 47,6222009 Average HH Income $55,043
Photo taken from Wikipedia.com
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FORT DODGE, IOWA: Land of Promise
“Fort Dodge, Iowa, is nestled in the gently rollinghills of the Des Moines River Valley. This progressivecommunity has evolved into a regional center formanufacturing, transportation, retail and healthcareindustries. Come explore this thriving communityand the many opportunities available to you. You’llcatch the spirit, the spirit of community pride!”*
This pride translates to a strong community baseand the encouragement to buy local. The intent isto make shopping more convenient for consumers
in this market. Rather than driveover an hour just to shop forshoes, residents are eager toshop in their own backyard andwant additional retail near the ex-isting cluster of Wal-Mart, Target,HyVee, and the Crossroads Mall.
*Quoted from the Fort Dodge Chamber of Commerce website