600 8th St SW Local commercial 1 092 m² 36 % Loué À vendre Altoona, IA 50009 1 711 070 € (1 566,81 €/m²) Taux de capitalisation 7,34 %

The KataLYST Team by KW Commercial is pleased to present 608 8th Street SW, Altoona, Iowa — an exclusive opportunity to own a second-generation retail asset in one of Des Moines’ consistently-growing suburbs. Built in 1997 and thoughtfully maintained, this 12,080 SF property offers the perfect blend of stability and upside. Currently 68.3% occupied, the center generates reliable income from multiple tenants, with the remaining space representing a true value-add opportunity for new ownership. A savvy investor who leases the balance can unlock a 7.67% cap rate and a projected 10.58% first-year return on investment — while enjoying minimal ownership responsibilities thanks to its triple net structure.