Walmart Shadow Center 1910 Kittyhawk Ave Local commercial 755 m² 100 % Loué À vendre Carroll, IA 51401 1 022 501 € (1 354,60 €/m²) Taux de capitalisation 8,19 %

Positioned on a high-visibility pad site adjacent to Walmart, 1910 Kittyhawk Avenue offers investors a rare opportunity to acquire a stabilized retail asset in Carroll, Iowa. Built in 2012, this 8,125-square-foot strip center sits on 1.1 acres and features a strong tenant mix including national brands Maurices and Great Clips, along with Carroll Tobacco Outlet. The property benefits from consistent foot traffic and excellent visibility, supported by ample parking and proximity to other major retailers and service providers.
The surrounding area is anchored by Carroll’s established commercial corridor, with nearby businesses such as McDonald’s, Hy-Vee Pharmacy, Taco Bell, and Days Inn by Wyndham contributing to a vibrant retail ecosystem. The center’s adjacency to Walmart enhances its long-term leasing appeal and positions it as a reliable income-producing asset. With a current Net Operating Income of $97,095 and a listed price of $1,185,000, the property presents a compelling investment opportunity for buyers seeking durable cash flow and potential appreciation in a stable Midwestern market.
Demographic data within a 5-mile radius shows a population of over 11,000 with average household incomes nearing $88,000, supporting continued retail demand. The median age of 42.7 reflects a mature consumer base with spending power. Investors will appreciate the low-maintenance nature of the asset and its alignment with long-term retail trends favoring convenience and visibility.