1703 Park Ave
Muscatine, IA 52761

Walgreens is located prominently at the signalized, hard corner intersection of Harrison and Park Ave/US Highway 22, the primary retail corridor serving the city of Muscatine with over 15,400 combined vehicles passing by daily. The property has excellent visibility with unobstructed frontage along Park Ave/US Highway 22, and clear points of ingress/egress. Equipped with a drive-thru pharmacy, the store provides ease and convenience for customers. The asset is strategically positioned as a corner pad to Muscatine Mall, the local shopping mall for the city with main tenants Hibbett Sports, Anytime Fitness, and Younker’s Department store, increasing exposure and crossover shopping to the property. In addition, just one mile north are notable national/credit tenants including a 24-hour Walmart Supercenter, Menards, Hy-Vee Supermarket, ALDI, AutoZone, and more, increasing consumer traffic to the area. The Muscatine Community College (1,850 students) is is less than a half-mile south of Walgreens, providing the store with a direct student consumer base from which to draw. The city of Muscatine is also home to an AllSteel manufacturing facility (maker of office supplies) and a HJ Heinz Co. facility for the Kraft Heinz Food Company, two of the largest employers in the region. The 5-mile trade area is supported by a population of over 27,500 residents with an average household income of $65,500. Broker of Record: JON RUZICKA MARCUS & MILLICHAP REIS LICENSE: B63379000