492K SF Iowa Mall

Properties Sold
  • Property Type:
  • Beds: Make Offer
  • Baths: -
  • Sq Ft: 491,988 SF

Mall of the Bluffs

492K SF IOWA MALL

PRICE Make Offer
GLA 491,988 SF
PROPERTY TYPE Mall
CAP RATE N/A
OCCUPANCY 35%
YEAR BUILT 1986/1998
Downloads
OFFERING MEMORANDUM

BRANDON HAKIMI
disposition@biltcommercial.com
(516) 684-9003
DEMOGRAPHICS
Total Population
1 – mi. – 3,412
3 – mi. – 45,198
5 – mi. – 73,615
More info in the flyer

INVESTMENT HIGHLIGHTS

  • This mall has been a landmark in the county since 1986
  • The Mall is anchored by Dillard’s and Hy-Vee Food Stores which are both unowned and are not a part of this sale
  • The owned anchor at the Property is currently occupied by Party City (dba: Halloween City) on a short term lease
  • Other major and national tenants at the Property include Planet Fitness, Victoria’s Secret and Buckle
  • Property benefits from daily traffic counts in excess of 60,000 vehicles per day
  • The Hy-Vee Grocery store sees over 2,500 daily shoppers, providing a constant customer flow to mall
  • Significant recovery income is generated from the eight un-owned outparcels along with the additional traffic they drive to the Property
  • Ability to capture various redevelopment opportunities, through repositioning the mall space, development of an additional retail power center or further separating the parcels for multi-tenant retail opportunities

City:Pottawattamie County
State:IA
Square Feet:491,988 SF
Price:Make Offer
Cap Rate:-

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