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Open-Concept Office Units
For Lease
$12 SF/Yr

1203 W Ridgeway Avenue, Waterloo, IA 50701

Open-plan workspace offers signage opportunities and access off West Ridgeway Avenue.

Space Size2,047 SF
Property Size10,336 SF
Days on Market1211

Property Features for 1203 W Ridgeway Avenue

General Information

Standard status Active
Size 2,047 SF
Net Rentable 2,047 SF
Zoning R-4
Lease Type /mo

Space & Availability

Available Space 2,047 SF
Contiguous Space 2,047 SF
Space Use Office

Additional Details

Road Access Yes

Taxes and HOA fees

Annual Taxes $46,033

Building Details

Building Size 10,336 SF
Year Built 2001
Listing Agency: AWRE - Commercial & Development
Listed By: Phillip Shirk · License #B63101000
Source: Sweeneyrealestate
Added: Apr 17, 2023 Changed: Aug 5 Last Checked: Aug 8 at 12:45PM

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 office offering provides 2,047 square feet of open-concept space within a commercial building constructed in 2001. The layout supports a flexible office environment and presents signage opportunities for occupant identification.

The property is located off West Ridgeway Avenue in Waterloo, with convenient access and visibility from the surrounding area. Zoning is designated R-4.

Key Highlights

  • 2,047 square feet of open‑concept office space
  • Located off West Ridgeway Avenue in Waterloo
  • Signage opportunities available

Property Analytics

Current Use

Short's Travel Management, ... Travel Agency

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage HVAC Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) 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
Paved road access
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

426
Businesses Nearby

Demographics for 50701, IA

29,806
Population
14,530
Households
2.1
Avg Household Size
39
Median Age
30%
College-Educated
95%
High-School Grad
79.1 sq mi
ZIP Area
377
Density / Sq Mi
$62,857
Median Household Income
$41,464
Median Earnings
$846
Median Rent
$183,400
Median Home Value

Market

Lease Benchmarks for Waterloo, IA

$8.36 /SF/Yr
Avg Asking Price
$0.54–$24 /SF/Yr
Price Range
15,546 SF
Avg Space Size

This space is priced 44% above the average of $8.36 /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?
Office units - Open-plan workspace offers signage opportunities and access off West Ridgeway Avenue.
Where is this office units located?
The property is located at 1203 W Ridgeway Avenue Waterloo, IA.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 2,047 square feet of open‑concept office space; Located off West Ridgeway Avenue in Waterloo; Signage opportunities available
More about this property
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