Renovated Retail/Office Suites Near
For Lease
Contact for pricing
425 Franklin St, Waterloo, IA 50703
Prime retail/office suites in downtown Waterloo, across from Lincoln Park.
Space Size1,864 SF - 3,298 SF
Property Size14,874 SF
Days on Market706
Property Features for 425 Franklin St
General Information
Standard status
Active
Size
1,864 SF - 3,298 SF
Total Parking Spaces
23
Property subtype
Retail, Office
Lease Type
Gross
Building Details
Building Size
14,874 SF
Year Built
1923
Tenancy
Multiple
Spaces For Lease
at 425 Franklin St Contact us- Size
- 1,864 SF
- Type
- Office, Retail
- Lease Type
- Gross
- Availability
- Active
Suite 101
- Size
- 3,298 SF
- Type
- Office, Retail
- Lease Type
- Gross
- Availability
- Active
Suite 103
Listing Agency:
Miehe Commercial Real Estate
(319) 269-6222
Listed By:
Matt Miehe · License #B58183000
Source:
Crexi
Added: Sep 19, 2024
Changed: Aug 8
Last Checked: Aug 24 at 8:08PM
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 Miehe Commercial Real Estate
Investment Insights
Based on property information with market context.
Two newly renovated retail/office suites are available for rent. The suites are located in downtown Waterloo, directly across from Lincoln Park. The suites feature large, front-facing windows that provide natural light. There is also a potential drive-thru opportunity. Nearby businesses include KWWL, Waterloo City Hall, Black Hawk County Court House, and the Waterloo Elk’s Club. The tenant is responsible for gas, electric, internet, phone, water, sewer, and garbage.
Key Highlights
- Prime location directly across from Lincoln Park in Downtown Waterloo
- Two newly renovated suites
- Large front‑facing windows providing natural light
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
947
Businesses Nearby
Explore this area
Business Placement
Demographics for 50703, IA
18,913
Population
8,705
Households
2.2
Avg Household Size
38
Median Age
13%
College-Educated
87%
High-School Grad
93.2 sq mi
ZIP Area
203
Density / Sq Mi
$49,412
Median Household Income
$33,105
Median Earnings
$926
Median Rent
$92,500
Median Home Value
Market
Lease Benchmarks for Waterloo, IA
$15.24 /SF/Yr
Avg Asking Price
$1.1–$40 /SF/Yr
Price Range
11,857 SF
Avg Space Size
This space is priced 5% above the average of $15.24 /SF/Yr.
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Prime retail/office suites in downtown Waterloo, across from Lincoln Park.
Where is this retail space located?
The property is located at 425 Franklin St Waterloo, IA.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Prime location directly across from Lincoln Park in Downtown Waterloo; Two newly renovated suites; Large front‑facing windows providing natural light
