1991 Odonnell Rd | Williamsburg, IA 52361
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This Retail Property is no longer advertised on LoopNet.co.uk.
1991 Odonnell Rd
Williamsburg, IA 52361
Outlets & Marketplace Williamsburg · Retail Property For Sale
Investment Highlights
- Outlet mall and marketplace in Williamsburg, Iowa, possessing 94% national tenants with 261,831 SF spread across more than 40 stores.
- Fantastic investment opportunity with major tenants, including Nike Clearance, Under Armour, American Eagle, Columbia, and many more.
- Ideal location with limited competition as the nearest outlet mall is 79 miles away.
- Highly frequented location, with 1.19 million visits over the last twelve months within driving distance from the University of Iowa and major cities.
- Great value-add opportunity to lease the remaining 75,599 square feet of space as the property transitions to a hybrid-retail concept.
- Tenant commitment to the center and long-term tenancy has contributed to an over 95% average occupancy since 2006.
PROPERTY FACTS
Sale Condition
Auction Sale
Property Type
Retail
Property Subtype
- Storefront
- General Retail Fast Food
- General Retail Storefront
Building Size
261,831 SF
Building Class
C
Year Built/Renovated
1991/2022
Percent Leased
71%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.22
Lot Size
26.84 AC
Parking
2,200 Spaces (8.4 Spaces per 1,000 SF Leased)
Frontage
1,178 ft on North Highland Street
PROPERTY TAXES
Parcel Numbers |
Multiple
|
Improvements Assessment | £7,524,492 |
Land Assessment | £1,648,879 | Total Assessment | £9,173,371 |
PROPERTY TAXES
Parcel Numbers
Multiple
- 06-34-0305-4
- 06-34-0304-6
- 06-34-0305-0
- 06-34-0304-0
- 06-34-0304-3
- 06-34-0304-7
Land Assessment
£1,648,879
Improvements Assessment
£7,524,492
Total Assessment
£9,173,371
Listing ID: 27353064
Date on Market: 20/12/2022
Last Updated:
Address: 1991 Odonnell Rd, Williamsburg, IA 52361
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