Retail Space with Showroom
For Lease
$20 SF/Yr
1205 E San Marnan Drive Unit 400, Waterloo, IA 50701
Updated exterior and parking support flexible retail or showroom occupancy.
Space Size1,500 SF - 19,800 SF
Days on Market484
Property Features for 1205 E San Marnan Drive Unit 400
General Information
Standard status
Active
Size
1,500 SF - 19,800 SF
Net Rentable
1,500 SF
Lease Term
[]
Space & Availability
Available Space
1,500-19,800 SF
Divisible
Yes
Space Use
Retail
Additional Details
Corner Location
Yes
Building Details
Year Built
1993
Year Renovated
2025
Building Size
19,800 SF
Tenancy
Multi
Listing Agency:
GLD Commercial Real Estate Advisors
Listed By:
Adam Gibbs · License #B43857000
(319) 731-3415
Source:
Cbhrealty
Added: Jun 20, 2025
Changed: Oct 15
Last Checked: Oct 14 at 11:11PM
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 GLD Commercial Real Estate Advisors
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Investment Insights
Based on property information with market context.
This 19,800 SF retail property includes approximately 8,000 SF of customer-facing space oriented toward E San Marnan Drive, along with 11,800 SF suited to larger-format retail or showroom use. The building dates to 1993 and can be divided into suites as small as 1,500 SF for qualified tenants. Parking is positioned in front of the retail entrance and extends across the site.
The property occupies the corner of E San Marnan Drive and Flammang Drive in Waterloo. Exterior façade improvements and a new parking lot were completed in 2025, adding recent site and building updates to the existing retail configuration. The full property is also available for a single occupant, subject to lease terms.
The property occupies the corner of E San Marnan Drive and Flammang Drive in Waterloo. Exterior façade improvements and a new parking lot were completed in 2025, adding recent site and building updates to the existing retail configuration. The full property is also available for a single occupant, subject to lease terms.
Key Highlights
- 19,800 SF building with approximately 8,000 SF of retail space
- Remaining 11,800 SF accommodates big‑box retail or showroom use
- Suites can be demised to a minimum of 1,500 SF
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
492
Businesses Nearby
584k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 23%
Shops & Services 18%
Superstores 16%
Groceries 13%
Walmart
Superstores
92,036 visits/mo
0.1 miles
Hy-Vee
Groceries
53,742 visits/mo
0.3 miles
Menards
Home Improvements & Furnishings
48,812 visits/mo
0.2 miles
Chick-fil-A
Dining
46,408 visits/mo
0.1 miles
T.J. Maxx
Apparel
45,474 visits/mo
0.3 miles
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
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Market
Lease Benchmarks for Waterloo, IA
$22.4 /SF/Yr
Avg Asking Price
$12–$40 /SF/Yr
Price Range
14,849 SF
Avg Space Size
This space is priced 11% below the average of $22.4 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - Updated exterior and parking support flexible retail or showroom occupancy.
Where is this retail space located?
The property is located at 1205 E San Marnan Drive Unit 400 Waterloo, IA.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: 19,800 SF building with approximately 8,000 SF of retail space; Remaining 11,800 SF accommodates big‑box retail or showroom use; Suites can be demised to a minimum of 1,500 SF
