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.
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
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