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Corner Retail and Showroom Building
For Lease
$20 SF/Yr

1205 E San Marnan Dr, Waterloo, IA 50701

Corner retail center with parking in front of storefront entrances and available demised suites starting at 1,500 SF.

Space SizeContact for details
Days on Market431

Property Features for 1205 E San Marnan Dr

General Information

Standard status Active
Property subtype Com Lease
Zoning C-2/C-Z
Lease Type NNN

Additional Details

Road Access Yes

Taxes and HOA fees

Annual Taxes $70,722

Amenities

ConcreteSlabGrade
1.31
CountyRoad,Paved

Building Details

Year Built 1993
Year Renovated 2025
Listing Agency: Berkshire Hathaway Home Services One Realty Centre
Listed By: Katie Sisson
Source: Pinnaclerealtyia
Added: Jul 2, 2025 Changed: Sep 4 Last Checked: Sep 4 at 2:46AM

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 Berkshire Hathaway Home Services One Realty Centre

Investment Insights

Based on property information with market context.

This corner retail and showroom building includes approximately 8,000 SF of prime retail space facing E San Marnan, with parking positioned directly in line with the front doors. The remaining 11,800 SF can support larger footprint users such as a big box retailer or showroom. The exterior facade has been upgraded, and the property received a new parking lot in 2025.

The site offers ample parking across the entire property. The landlord is willing to demise suites for qualified tenants with a minimum size of 1,500 SF, and incentives may be available for a tenant leasing the entire building.

The overall building totals 19,800 SF, providing flexibility for both smaller retail suites and larger showroom or retail operations depending on the tenancy plan.

Key Highlights

  • Corner retail center at E San Marnan and Flammang Dr in Waterloo
  • Building totals 19,800 SF with approx. 8,000 SF prime retail facing E San Marnan
  • Parking directly in line with the front doors plus ample parking across the entire site

Property Analytics

Current Use

Coin Cloud Bitcoin ... Atm Little Caesars Pizza Restaurant Neighborhood Home Sleep ... Furniture & Home Goods Bitstop Bitcoin ATM Crypto Atm

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center HVAC Service Hair Salon Big Box & Wholesale 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
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

492
Businesses Nearby
584k
Monthly Visits Nearby

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

Market

Lease Benchmarks for Waterloo, IA

$20.48 /SF/Yr
Avg Asking Price
$1.1–$40 /SF/Yr
Price Range
12,781 SF
Avg Space Size

This space is priced 2% below the average of $20.48 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Corner retail center with parking in front of storefront entrances and available demised suites starting at 1,500 SF.
Where is this retail space located?
The property is located at 1205 E San Marnan 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: Corner retail center at E San Marnan and Flammang Dr in Waterloo; Building totals 19,800 SF with approx. 8,000 SF prime retail facing E San Marnan; Parking directly in line with the front doors plus ample parking across the entire site
More about this property
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