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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

5-Year sliding scale tax abatement available for qualified users.

Property Facts

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
  • 1st Floor
  • 328,147 SF
  • Industrial
  • -
  • 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.

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.

Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
171/00055-021-009
Land Assessment
$2,160,000
Improvements Assessment
$31,140,000
Total Assessment
$33,300,000
  • Listing ID: 36078265

  • Date on Market: 6/2/2025

  • Last Updated:

  • Address: 2075 20th Ave SW, Altoona, IA 50009

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