Flexible Retail or Office
For Lease
$20 SF/Yr NNN
106-2060 Sovia Dr, Waterloo, IA
Shell suite in a busy retail plaza with build-out flexibility for retail, office, or service uses.
Space SizeContact for details
Days on Market390
Property Features for 106-2060 Sovia Dr
General Information
Standard status
Active
Lease Type
NNN
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$339,098
Listing Agency:
AWRE - Commercial & Development
(319) 269-2477
Listed By:
Lindsey McEnaney · License #S70812000
(563) 419-7644
Source:
Exprealty
Added: Aug 20, 2025
Changed: Sep 13
Last Checked: Sep 13 at 11:40AM
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 AWRE - Commercial & Development
Investment Insights
Based on property information with market context.
This shell suite offers approximately 1,800 square feet of space within Crossing Point Plaza, providing flexibility for a tenant to build out a customized layout. The unit is suitable for retail, office, or service-based uses, depending on the operating needs.
The property is positioned along East San Marnan Drive near the I-380/US 218 interchange, within a highly visible, heavily trafficked retail corridor. Co-tenants include Planet Fitness, Iowa DOT, Diamond Nails, and One Vision, and the plaza is surrounded by national tenants with prominent nearby anchors including Target, Kwik Star, and CVS. A large parking area supports customer access.
Estimated NNN expenses are $5.22/SF, and tenant improvement assistance (TIA) may be available with qualified tenants and terms.
The property is positioned along East San Marnan Drive near the I-380/US 218 interchange, within a highly visible, heavily trafficked retail corridor. Co-tenants include Planet Fitness, Iowa DOT, Diamond Nails, and One Vision, and the plaza is surrounded by national tenants with prominent nearby anchors including Target, Kwik Star, and CVS. A large parking area supports customer access.
Estimated NNN expenses are $5.22/SF, and tenant improvement assistance (TIA) may be available with qualified tenants and terms.
Key Highlights
- 1,800 SF retail shell suite in Crossing Point Plaza in Waterloo
- Build‑out flexibility for retail, office, or service‑based uses to fit tenant needs
- Located on a highly trafficked retail corridor along E San Marnan Dr, off the I‑380/US 218 interchange
Property Analytics
Current Use
Lease Details
Yes
Highway access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,270
Businesses Nearby
60k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 86%
Hotels & Casinos 6%
Dining 5%
Home Improvements & Furnishings 1%
Kwik Trip
Shops & Services
31,406 visits/mo
0.3 miles
Dupaco Community Credit Union
Shops & Services
5,822 visits/mo
0.4 miles
Dollar General
Shops & Services
5,711 visits/mo
0.3 miles
BP
Shops & Services
5,020 visits/mo
0.3 miles
Jimmy John's
Dining
3,132 visits/mo
0.4 miles
Market
Lease Benchmarks for Waterloo, IA
$22.29 /SF/Yr
Avg Asking Price
$12–$40 /SF/Yr
Price Range
12,319 SF
Avg Space Size
This space is priced 10% below the average of $22.29 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Shell suite in a busy retail plaza with build-out flexibility for retail, office, or service uses.
Where is this storefront property located?
The property is located at 106-2060 Sovia Dr Waterloo, IA.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: 1,800 SF retail shell suite in Crossing Point Plaza in Waterloo; Build‑out flexibility for retail, office, or service‑based uses to fit tenant needs; Located on a highly trafficked retail corridor along E San Marnan Dr, off the I‑380/US 218 interchange
