Retail & Restaurant Opportunities
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Webster City, Iowa is seeking to fill retail and restaurant opportunities. The city has a population of 8,070 located along Highway 20, 12 miles from Interstate 35. There is significant demand within a 15 mile radius for general merchandise stores, full service and limited service restaurants, and health/personal care stores that is currently unmet based on consumer spending analysis. The city offers available commercial land and buildings to start new businesses to meet this demand.
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Retail & Restaurant Opportunities
- 1. Retail & Restaurant Opportunities Webster City, Iowa 2012
- 2. Our Contact David Toyer, Economic Developer Webster City Economic Development 400 Second Street Webster City, Iowa 50595 515-832-9151 (o) 425-344-1523 (c) david@buildwebstercity.com
- 3. Location
- 4. About Us • County Seat of Hamilton County • Located in North Central Iowa • Population within City Limits: 8,070 • Major transportation through the community includes Highway 20, a four lane highway and east-west corridor • Just 12 miles west of Interstate 35 • Only City along a 98 mile stretch of Highway 20 that has established business/services with highway frontage and on-off ramp access
- 6. Demographics & Traffic • City Limits: 8,070 population¹ • Approx. Trade Area: 20,020 population within 15 mile radius³ • 212,415 people with 60 minute drive³ • Media Household Income (Webster City): $48,691³ • Highway 20 (four lane, east-west) over 8,300 vehicles per day² • Highway 17 (two lane, north-south) over 2,500 vehicles² ¹U.S. Census Bureau ²Iowa Department of Transportation 2011 ³ESRI & Infogroup 2012
- 7. Marketplace Potential Industry Group Demand Supply Retail Gap Number of (retail potential) (retail sales) Business General $18,444,610 $10,733,920 $7,710,690 4 Merchandise Stores Full Service $12,355,705 $4,856,414 $7,499,291 31 Restaurants Limited-Service $7,539,038 $3,369,217 $4,169,281 8 Eating Places Health & Personal $7,130,762 $3,049,340 $4,081,423 8 Care Stores Clothing & Clothing $4,144,556 $671,455 $3,473,101 6 Accessories Stores Area: 15 mile radius of Webster City Source: ESRI on May 23, 2012
- 8. Regional Draws Van Diest Medical Center 25 bed critical access hospital Iowa Central Community College Branch campus with 32 staff, 250 students Hamilton County Courthouse Courts, Sheriff, Jail, Driver License Office Regional Shopping Center Kmart, Shoppers Supply, Pizza Hut, McDonalds
- 9. Locations Available Webster City has available sites ranging from 0.5 to 8 acres that are zoned for commercial development. Webster City has vacant space for lease with sizes ranging from 1,500 to 5,700 square feet. Prices for vacant land start at $10,000 an acre. Prices for vacant space start around $8/sf/year NNN.
- 10. Start Your Project Now WWW.BUILDWEBSTERCITY.COM David Toyer, Economic Developer Webster City Economic Development 515-832-9151 (o) 425-344-1523 (c) david@buildwebstercity.com On Twitter @WebsterCityIA