1991 Odonnell Rd | Williamsburg, IA 52361
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- LoopNet Team
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
Building Size
261,831 SF
Building Class
C
Year Built/Renovated
1991/2022
Percent Leased
71%
Tenancy
Multiple
Building Height
1 Story
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 | Improvements Assessment | $13,509,767 | |
| Land Assessment | $2,960,462 | Total Assessment | $16,470,229 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$2,960,462
Improvements Assessment
$13,509,767
Total Assessment
$16,470,229
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