End-Cap Retail
New
For Lease
$31 SF/Yr
1021 Peoples Sq, Waterloo, IA 50702
An open-shell layout includes existing HVAC and one restroom, with utilities available.
Space Size2,400 SF
Days on Market4
Property Features for 1021 Peoples Sq
General Information
Standard status
Active
Size
2,400 SF
Net Rentable
2,400 SF
Space & Availability
Available Space
2,400 SF
Contiguous Space
2,400 SF
Available From
Immediate
Site & Location
Corner Location
Yes
End Cap
Yes
Anchor Co-Tenants
Jersey Mike’s, Tropical Smoothie Cafe, Wingstop, Cost Cutters
Traffic Count
30,000 vehicles/day
Road Access
Yes
Utilities to Site
Yes
Additional Details
Lease Term
120 months
Taxes and HOA fees
Annual Taxes
$9,518
Amenities
Open Shell Layout
High Ceilings
Large Storefront Windows & Natural Light
Existing HVAC
Utilities Available
One Existing Restroom
Outdoor Patio Potential
Building Signage Opportunity
ADA-Accessible Parking
Exterior Façade Improvements Underway
Listing Agency:
Miehe Commercial Real Estate
(319) 269-6222
Listed By:
Michael Fain
(319) 290-4352
Source:
Exprealty
Added: Oct 6
Changed: Oct 7
Last Checked: Oct 7 at 2:37PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Miehe Commercial Real Estate
Investment Insights
Based on property information with market context.
This 2,400 SF end-cap retail space is offered in an open-shell configuration. Existing improvements include HVAC and one restroom; utilities are available. The space also has high ceilings, large storefront windows, and access to natural light. Immediate availability is noted, with a preferred 10-year lease term.
The property sits at the signalized intersection of San Marnan Drive and Kimball Avenue in Waterloo. The intersection carries approximately 30,000+ vehicles per day, and the site has multiple points of ingress and egress. Nearby businesses include Jersey Mike’s, Tropical Smoothie Cafe, Wingstop, and Cost Cutters. Other nearby destinations include Sam’s Club, Fareway, McDonald’s, Culver’s, Casey’s, Four Queens, Waterloo West High School, medical facilities, professional offices, and residential neighborhoods.
An outdoor patio may be possible. Building signage is available as an opportunity, parking is ADA-accessible, and exterior façade improvements are underway.
The property sits at the signalized intersection of San Marnan Drive and Kimball Avenue in Waterloo. The intersection carries approximately 30,000+ vehicles per day, and the site has multiple points of ingress and egress. Nearby businesses include Jersey Mike’s, Tropical Smoothie Cafe, Wingstop, and Cost Cutters. Other nearby destinations include Sam’s Club, Fareway, McDonald’s, Culver’s, Casey’s, Four Queens, Waterloo West High School, medical facilities, professional offices, and residential neighborhoods.
An outdoor patio may be possible. Building signage is available as an opportunity, parking is ADA-accessible, and exterior façade improvements are underway.
Key Highlights
- 2,400 SF end‑cap retail space
- Open‑shell layout with existing HVAC and one restroom
- Approximately 30,000+ vehicles per day at the signalized intersection
Property Analytics
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Current Use
Lease Details
30,000 VPD
Traffic count
Yes
Paved road access
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$4.65 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
691
Businesses Nearby
252k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 32%
Dining 31%
Shops & Services 28%
Groceries 8%
Sam's Club
Superstores
79,678 visits/mo
0.5 miles
Culver's
Dining
25,660 visits/mo
0.4 miles
Sam's Club Gas Station
Shops & Services
22,821 visits/mo
0.4 miles
McDonald's
Dining
22,637 visits/mo
0.1 miles
Fareway
Groceries
19,719 visits/mo
0.0 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
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Market
Lease Benchmarks for Waterloo, IA
$21.79 /SF/Yr
Avg Asking Price
$12–$40 /SF/Yr
Price Range
15,293 SF
Avg Space Size
This space is priced 42% above the average of $21.79 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Retail space - An open-shell layout includes existing HVAC and one restroom, with utilities available.
Where is this retail space located?
The property is located at 1021 Peoples Sq Waterloo, IA.
What is the lease rate?
The lease rate is $31 SF/Yr.
What are key features of this property?
This property features: 2,400 SF end‑cap retail space; Open‑shell layout with existing HVAC and one restroom; Approximately 30,000+ vehicles per day at the signalized intersection
