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Flexible Retail or Office Suite
For Lease
$20 SF/Yr NNN (Triple Net)

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
Property Size1,800 SF
Days on Market355

Property Features for 106-2060 Sovia Dr

General Information

Standard status Active
Size 1,800 SF
Lease Type NNN

Additional Details

Highway Access Yes
Listing Agency: AWRE - Commercial & Development
Listed By: Lindsey McEnaney · License #S70812000
Source: Exprealty
Added: Aug 20, 2025 Changed: Jul 23 Last Checked: Aug 8 at 9:03AM

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.

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

Storefront properties

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Pharmacy Building Supply Storage Facility Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,270
Businesses Nearby
Under-served
Demand for This Use

Market

Lease Benchmarks for Waterloo, IA

$19.88 /SF/Yr
Avg Asking Price
$9–$40 /SF/Yr
Price Range
14,487 SF
Avg Space Size

This space is priced 1% above the average of $19.88 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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
More about this property
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