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Altus Building B 2075 20th Ave SW 328,147 SF Vacant 4-Star Industrial Building Altoona, IA 50009 For Sale



Investment Highlights
- Great access to I-80 & I-35 as well as Highways 65/5
- Additional land available for build-to-suit options
Executive Summary
Property Facts
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Industrial | Year Built | 2023 |
| Property Subtype | Distribution | Parking Ratio | 0.62/1,000 SF |
| Building Class | A | Clear Ceiling Height | 32’ |
| Lot Size | 16.60 AC | No. Dock-High Doors/Loading | 34 |
| Rentable Building Area | 328,147 SF | No. Drive In / Grade-Level Doors | 3 |
| Zoning | IN - Warehouse | ||
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Distribution |
| Building Class | A |
| Lot Size | 16.60 AC |
| Rentable Building Area | 328,147 SF |
| No. Stories | 1 |
| Year Built | 2023 |
| Parking Ratio | 0.62/1,000 SF |
| Clear Ceiling Height | 32’ |
| No. Dock-High Doors/Loading | 34 |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | IN - Warehouse |
Amenities
- 24 Hour Access
Utilities
- Lighting - LED
- Heating - Electric
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Building B at Altus Commerce Center offers newly constructed industrial space designed for modern occupiers seeking efficient distribution, logistics, manufacturing, or fulfillment operations. The facility features 32-foot clear heights, ESFR fire suppression, LED lighting, expandable dock and drive-in loading configurations, and a reinforced floor slab engineered for industrial use. Located in Altoona, Iowa, the property provides convenient access to Interstate 80, Interstate 35, and Highways 65 and 5, supporting regional and national distribution networks. The location benefits from proximity to the Des Moines metropolitan area, providing access to a substantial workforce, transportation infrastructure, and a growing base of industrial and technology employers. The site is situated less than one mile from a major e-commerce fulfillment center and offers connectivity to Des Moines International Airport and regional rail infrastructure. The building’s design incorporates expandable loading positions, a 135-foot truck court, rooftop heating systems, and flexible bay configurations that support a variety of operational layouts. Ample parking and modern construction standards further enhance day-to-day functionality. Qualified users may also benefit from a five-year sliding-scale tax abatement program, creating an additional operational advantage. Building B delivers contemporary industrial specifications within a professionally planned commerce center positioned to support current and future business growth.
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 328,147 SF | Industrial | - | Now |
1st Floor
| Size |
| 328,147 SF |
| Space Use |
| Industrial |
| Build-Out |
| - |
| Available |
| Now |
1st Floor
| Size | 328,147 SF |
| Space Use | Industrial |
| Build-Out | - |
| Available | Now |
Building B at Altus Commerce Center offers newly constructed industrial space designed for modern occupiers seeking efficient distribution, logistics, manufacturing, or fulfillment operations. The facility features 32-foot clear heights, ESFR fire suppression, LED lighting, expandable dock and drive-in loading configurations, and a reinforced floor slab engineered for industrial use. Located in Altoona, Iowa, the property provides convenient access to Interstate 80, Interstate 35, and Highways 65 and 5, supporting regional and national distribution networks. The location benefits from proximity to the Des Moines metropolitan area, providing access to a substantial workforce, transportation infrastructure, and a growing base of industrial and technology employers. The site is situated less than one mile from a major e-commerce fulfillment center and offers connectivity to Des Moines International Airport and regional rail infrastructure. The building’s design incorporates expandable loading positions, a 135-foot truck court, rooftop heating systems, and flexible bay configurations that support a variety of operational layouts. Ample parking and modern construction standards further enhance day-to-day functionality. Qualified users may also benefit from a five-year sliding-scale tax abatement program, creating an additional operational advantage. Building B delivers contemporary industrial specifications within a professionally planned commerce center positioned to support current and future business growth.
Property Taxes
| Parcel Number | 171/00055-021-009 | Improvements Assessment | $31,140,000 |
| Land Assessment | $2,160,000 | Total Assessment | $33,300,000 |



