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2535 Midport Blvd Waterloo, IA 50703

For Sale
$1,200,000

High-yield warehouse with long-term lease.

Property size:
11,880 SF

Description

Added:
Feb 3, 2025
Days on Market:
308
This exceptional commercial investment opportunity in Waterloo, IA, presents a substantial 11,880 square foot warehouse situated on a generous 5.35-acre lot at 2535 Midport Boulevard. The property boasts 30 dock doors, providing ample loading and unloading capacity, and enjoys a highly convenient location just off Airline Highway. The warehouse itself comprises 10,530 square feet of versatile space, complemented by an additional 1,350 square feet of dedicated office space. This well-maintained facility is currently under lease, providing a secure and consistent income stream through December 31, 2028. The estimated Net, Net, Net (NNN) expenses are $4.05 per square foot. Detailed financial information, including lease terms and income projections, is available upon request, allowing potential investors to thoroughly assess the property's strong return potential. This property represents a rare opportunity to acquire a well-located, income-producing asset with significant long-term growth prospects in a thriving commercial area. The expansive lot size also offers potential for future expansion or development, adding further value to this compelling investment. Don't miss this chance to secure a prime piece of Waterloo commercial real estate.

Property Features for 2535 Midport Blvd

General Information

Property type
Other commercial real estate
Square Feet
11,880 SF
Lot Size
233,046 SF

Building Details

Year Built
2011

Property Profile Insight Report Location Intelligence

Current Use by Public Records

Standard Forwarding LLC Freight Forwarding Service

Suggested Use

Clothing Store Building Supply Food Market Storage Facility HVAC Service Electrical Service Kitchen & Bath Pawn Shop Bar & Pub Travel Agency

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Waterloo
County
Black Hawk
State
Iowa
Longitude
-92.3824
Latitude
42.54262

FAQs

What type of property is this?
Commercial real estate - High-yield warehouse with long-term lease.
Where is this commercial real estate located?
The property is located at 2535 Midport Blvd Waterloo, IA.
What is the asking price?
The asking price for this property is $1,200,000.
More about this property
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