Westland Mall 550 S Gear Ave 405,298 SF Retail Building West Burlington, IA 52655 $6,232,095 CAD ($15.38 CAD/SF) 8.28% Cap Rate

Looking for your next edge, AI/ML, or colocation deployment site in the Midwest? Data Center zoning supported by city. NOT selling on CAP.
In the rush to scale AI/ML and GPU cloud, not every operator or REIT can afford to wait 3 years for greenfield sites.
400,000 SF powered shell on 36 acres
2.8 MW active today, 8-12 MW available with feeders, 50-100 MW path validated with utility
Power pricing ~$0.0629/kWh
Zoned for digital infrastructure
Fiber-served
Existing income offsets hold costs
It’s exactly the kind of adaptive reuse that bridges capital yield with AI deployment timelines — and yes, the math compares well to many multifamily models.
Fiber nearby, utility open to multi-MW scale-up
Minimal residential adjacency = close to zero NIMBY pushback
This 400,000 SF enclosed regional mall (powered shell) sits on 36 acres of controlled, secure land and presents an immediate opportunity for GPU, hyperscale lease rollout, colocation infrastructure deployment, or strategic adaptive reuse. Whether you're a tech operator building forward inventory or an investor seeking cash-flow-to-conversion potential — this is a high-yield, high-surface-area play.
Build-to-suit or master lease frameworks welcome
Site is ideal for phased development tied to Work Order schedules
Can accommodate hyperscale, AI/ML compute centers, GPU farms, or high-density racks with proper upgrades
SNDA coordination and separable leases in place for clean title and deployment zones
36 Acres of Land – ample space for perimeter control, utility pads, cooling infrastructure, or phased expansion
400,000 SF Gross Area – with former anchor wings and high ceiling sections ideal for white space buildout
Power & Fiber Proximity – regional utility access with substation adjacency and dark fiber corridors nearby. The property is located in a fiber-served corridor with access to regional ISPs and telecom infrastructure. Buyers are encouraged to verify dedicated dark fiber potential with preferred carriers.
Current Income – 40%+ leased with separable footprints for near-term hold or income-offset redevelopment
Structural Capacity – load-bearing capacity designed for large-format retail; strong fit for mezzanine/stacking
The 36-acre site supports phased data hall development, power scaling, or hybrid cloud edge deployment. Vacant wings allow for white space retrofit or anchor box demolition. Initial discussions with the city have been positive regarding rezoning for digital infrastructure, with potential eligibility for renewable energy integration or state-level tax incentives. No construction delay risk – use existing structure or partial demolition. Located in a low-latency, fiber-served Midwest zone with limited competition for power-available, hyperscale-adaptive land. Ideal for edge, colocation, or GPU compute facilities. High-acreage footprint, utility proximity, and entitlement flexibility create a rare deployment-ready alternative to congested Tier I markets.
Tokenization-ready structure with existing cash flow
Opportunity to lock in long-term infrastructure control in a low-barrier, pro-development municipality
High visibility and highway access (logistics advantage) Texas Broker of Record Solutions, Inc. Firm License: #9014506 Alex Everest Broker License: #818858