Fully Leased Multi-Tenant Investment
For Sale
$999,000
106 Brookeridge Drive, Waterloo, IA 50702
SINGLE_FAMILY - Waterloo, IA
Property SizeContact for details
Lot Size0.91 Acres
Days on Market85
Property Features for 106 Brookeridge Drive
General Information
Property type
Residential
Property subtype
Retail
Zoning
C-1
Directions
Located off Kimball Ave.
Standard status
Active
APN
881303351129
Lot size
0.91 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
BROOKERIDGE FIRST ADDITION LOT 55 LOT 56 EXC THAT PART TO CITY OF WATERLOO AS DES IN CLD B 647 P 750 AND EXC COM AT NE COR OF LOT 56 TH S 89 DEG 13 MIN 16 SEC W 80.91 FT TO POB TH S 57 DEG 00 MIN 48 SEC W 22.51 FT TH N 44 DEG 19 MIN 50 SEC E 17 FT TH N 89
Tax Annual Amount
37576
Legal Description
BROOKERIDGE FIRST ADDITION LOT 55 LOT 56 EXC THAT PART TO CITY OF WATERLOO AS DES IN CLD B 647 P 750 AND EXC COM AT NE COR OF LOT 56 TH S 89 DEG 13 MIN 16 SEC W 80.91 FT TO POB TH S 57 DEG 00 MIN 48 SEC W 22.51 FT TH N 44 DEG 19 MIN 50 SEC E 17 FT TH N 89
Building Details
Year built
1974
Listing Agency:
Lockard Realty Company
(319) 277-8000
Listed By:
Victoria Lockard · License #B6364900
(319) 504-4934
Added: May 20
Changed: May 21
Last Checked: Aug 12 at 7:06AM
MLS# 20262219
Copyright © 2026 Northeast Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This fully leased multi-tenant investment property is positioned in one of Waterloo's most established commercial corridors. Anchored by a nationally recognized UPS location and a successful locally owned and operated restaurant, the property provides tenant synergy and dependable income. The property is located on high-traffic Kimball Avenue, one block from San Marnan Drive, and benefits from visibility, accessibility, and surrounding retail activity. Situated in an area with a history of commercial success, this investment offers location, occupancy, and tenant stability. The lot size is 0.91 acres. The property is zoned C-1.
Key Highlights
- Fully leased multi‑tenant investment property ensuring dependable income.
- Anchored by a nationally recognized UPS location.
- Located on high‑traffic Kimball Avenue.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,160
Businesses Nearby
276k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 30%
Superstores 29%
Shops & Services 25%
Home Improvements & Furnishings 8%
Sam's Club
Superstores
79,678 visits/mo
0.4 miles
Culver's
Dining
25,660 visits/mo
0.2 miles
Sam's Club Gas Station
Shops & Services
22,821 visits/mo
0.2 miles
McDonald's
Dining
22,637 visits/mo
0.3 miles
Fareway
Groceries
19,719 visits/mo
0.3 miles
Demographics for 50702, IA
20,447
Population
9,722
Households
2.1
Avg Household Size
37
Median Age
21%
College-Educated
89%
High-School Grad
9.8 sq mi
ZIP Area
2,086
Density / Sq Mi
$59,784
Median Household Income
$38,826
Median Earnings
$926
Median Rent
$145,800
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Stabilized asset with national and local tenancy in Waterloo, Iowa.
Where is this retail space located?
The property is located at 106 Brookeridge Drive Waterloo, IA.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Fully leased multi‑tenant investment property ensuring dependable income.; Anchored by a nationally recognized UPS location.; Located on high‑traffic Kimball Avenue.
