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1751 Madison Avenue - Mall Of The Bluffs - Mall Of The Bluffs, Council Bluffs, IA

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1751 Madison Avenue - Mall Of The Bluffs - Mall Of The Bluffs

Council Bluffs, IA 51503-5246 - Council Bluffs Ret Submarket

(3.2 MB)

Property Type:Retail Sub Type:Convenience Store Status:Existing , Renov 1998 Year Built:1986
Building Size:716,633 SF Land Area:1.16 AC (50,530 SF)
% Leased:
For Sale Price:$1,422,000 Price/SF:$1.98
Cap Rate:5.50 %
Smallest Space:500 SF Largest Space:91,034 SF Total Space Avail:351,367 SF Rent/SF/Yr:
$13.50
Parking:Ratio of /1,000 SF Anchor Tenants:Dillard's
Features:Banking


Space Available:
Floor
SF Avail
Rent
Occupancy
Lease Term
Space Use
 1st
500 SF-9,000 SF
$13.50/SF/Yr
30 Days
3-5 yrs
Retail
 1st
500 SF
$13.50/SF/Yr
30 Days
3-5 yrs
Retail
 1st
500 SF-7,000 SF
$13.50/SF/Yr
30 Days
Negotiable
Retail
 1st
500 SF-21,000 SF
$13.50/SF/Yr
30 Days
Negotiable
Retail
 1st
500 SF-1,000 SF
$13.50/SF/Yr
30 Days
Negotiable
Retail
 1st
500 SF-2,000 SF
$13.50/SF/Yr
30 Days
Negotiable
Retail
 1st
500 SF-3,000 SF
$13.50/SF/Yr
30 Days
Negotiable
Retail
 1st
500 SF-4,000 SF
$13.50/SF/Yr
30 Days
Negotiable
Retail
 1st
500 SF-6,000 SF
$13.50/SF/Yr
30 Days
Negotiable
Retail
 1st
500 SF-5,000 SF
$13.50/SF/Yr
30 Days
Negotiable
Retail
 1st
10,000 SF
$13.50/SF/Yr
30 Days
Negotiable
Retail
 1st
500 SF-91,034 SF
$13.50/SF/Yr
Vacant
Negotiable
Retail
 1st
500 SF-50,420 SF
$13.50/SF/Yr
Vacant
Negotiable
Retail
 1st
500 SF-61,173 SF
$13.50/SF/Yr
Vacant
Negotiable
Retail
 1st
80,240 SF
$13.50/SF/Yr
Vacant
Negotiable
Retail
 
10118996
10119005
9485701
9485715
9485722
9485724
9485730
9485739
9485744
9485758
9485764
9485704
9485783
11734878
11742937
Marketing Flyer Marketing Flyer  
Space Notes Space Notes  


Floor
SF Avail
Rent/SF/Yr
Occupancy
Lease Term
Space Use
1st
500 SF-9,000 SF
$13.50/SF/Yr
30 Days
3-5 yrs
Retail
1st
500 SF
$13.50/SF/Yr
30 Days
3-5 yrs
Retail
1st
500 SF-7,000 SF
$13.50/SF/Yr
30 Days
Negotiable
Retail
1st
500 SF-21,000 SF
$13.50/SF/Yr
30 Days
Negotiable
Retail
1st
500 SF-1,000 SF
$13.50/SF/Yr
30 Days
Negotiable
Retail
1st
500 SF-2,000 SF
$13.50/SF/Yr
30 Days
Negotiable
Retail
1st
500 SF-3,000 SF
$13.50/SF/Yr
30 Days
Negotiable
Retail
1st
500 SF-4,000 SF
$13.50/SF/Yr
30 Days
Negotiable
Retail
1st
500 SF-6,000 SF
$13.50/SF/Yr
30 Days
Negotiable
Retail
1st
500 SF-5,000 SF
$13.50/SF/Yr
30 Days
Negotiable
Retail
1st
10,000 SF
$13.50/SF/Yr
30 Days
Negotiable
Retail
1st
500 SF-91,034 SF
$13.50/SF/Yr
Vacant
Negotiable
Retail
1st
500 SF-50,420 SF
$13.50/SF/Yr
Vacant
Negotiable
Retail
1st
500 SF-61,173 SF
$13.50/SF/Yr
Vacant
Negotiable
Retail
1st
80,240 SF
$13.50/SF/Yr
Vacant
Negotiable
Retail
The center benefits form the proximiyty of the Henry Dorrly oo, Omaha RoyalsRosenblatt Staduimn, Qwest Center Omaha, Mid American Center in Council Bluffs, four large casinos, and a 16 screen movie theater.

Sale Notes:
Corporate US Bank is a financial services holding company with over 9 years remaining on an Absolute NNN Ground Lease with a 10% rental increase in January 2022. The tenant, corporate US Bank North America, is the 5th largest commercial bank in the United States with 3,091 banking offices in 25 states and is the only national bank/lender in Council Bluffs, IA. This US Bank location has had robust growth over the past 6 years, increasing deposits 57% and reaching $90.6MM in deposits in 2017 (the 2nd highest US Bank branch deposit total in all of Council Bluffs)!

The subject property is located in Council Bluffs, Iowa, and is a pad site to Mall of the Bluffs, a ±650,000 square foot super regional mall anchored by Dillard' s, a high volume Hy-Vee, Planet Fitness & CHI Health with 78 specialty shops. US Bank is nearby other national retailers: The Home Depot, Walmart, Sam' s Club, Hobby Lobby, Dollar Tree, Target, Dick' s Sporting Goods, PetSmart, etc. The property is also within a few miles of Iowa Western Community College, CHI Health Mercy Hospital and Jennie Edmundson Hospital.

Council Bluffs has a low unemployment rate of 2.9% compared to the national average at 4.3%. The total population of the city is 71,810 (5 mile ring) with the average household income at $69,513 (1 mile ring).

*In Association with: Elliott Realty Group

Commercial Investment Advisors, INC
Kyla Dickman
(972) 630-6000 x103


Berkshire Hathaway HS / Ambassador Real Estate
Gary Kuklin
(402) 547-5240



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