Searching for the right place to launch or expand your retail business? Altoona, Iowa, is growing fast, with a strong local economy and shoppers who spend big—in 2023 alone, consumers spent $701 million in taxable sales.
Located just minutes from Des Moines, Altoona offers prime retail spaces in high-traffic areas, giving your business the visibility and customer base it needs to thrive. Now’s the time to claim your spot in this dynamic market.
Here’s a rundown on what makes Altoona the ideal spot for retail marketers.
A Community with Strong Consumer Spending
Altoona is experiencing rapid growth. The city welcomes over 4 million visitors each year, and its population has increased by 30% since 2015. With a median household income of $92,000 (expected to rise to $107,000 by 2029), Altoona consumers have significant spending power, making it a lucrative market for retailers.
Prime Retail Spaces Available for Lease
Altoona has a variety of retail properties available for lease, providing excellent opportunities for businesses of all sizes.
Some featured listings include:
- 1005 8th Street SW | 3,951 SF
A well-located space with great visibility.
- Pine Tree Plaza | 2,000 SF
A prime retail hub with strong foot traffic.
- Prairie Cove | 1,450 SF
Ideal for boutique shops and specialty retailers.
- Foxton Village | 4,155 SF (Suite A) & 1,000 SF (Suite I)
A high-demand retail space near residential areas.
- 600 8th Street SW | 1,387 SF
A versatile property suitable for a range of businesses.
- 412 8th Street SW | 1,140 SF
A centrally located retail space with great accessibility.
- 3053 8th Street SW | 1,295–3,395 SF
A promising location for new and established retailers.
- 111 2nd Street SE | 2,000 SF
A colorful property with retail potential in the heart of Olde Town.
- 200 2nd St SE | 1,365 SF
This Project is Sponsored in Part by the Iowa Economic Development Authority
A versatile end-cap space in the middle of downtown Altoona.
- 415 Center Pl | 1,805 SF
A mixed-use property with front and rear parking.
- Outlets of Des Moines | 801 Bass Pro Drive
A 300,000-SF shopping destination with long-term and short-term leasing opportunities for retailers.
For more details on available properties, contact Economic Development Director Chad Quick at cquick@altoona-iowa.com.
Resources to Help Your Business Succeed
Altoona is committed to providing businesses with the support they need. Whether you need guidance on starting a business, finding funding, or navigating local regulations, you can access valuable insights by using the Small Business Resource Guide on our website.
Secure Your Spot in Altoona’s Retail Market
Establish your presence in one of Central Iowa’s most promising retail markets. With a strong economy, a supportive community, and excellent retail properties available, Altoona is the perfect place to plant roots for your business.