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Divisible Medical Office Space
New
For Lease
$18 SF/Yr

125 E Tower Park Dr, Waterloo, IA 50701

The full property is available together or in a two-suite configuration.

Space Size9,072 SF
Days on Market6

Property Features for 125 E Tower Park Dr

General Information

Standard status Active
Size 9,072 SF

Space & Availability

Contiguous Space 9,072 SF
Divisible Yes
Space Use Medical Office
Meeting Rooms 1

Taxes and HOA fees

Annual Taxes $66,638

Amenities

reception area
lobby
waiting room
on-site parking

Building Details

Building Size 9,072 SF
Listing Agency: Fischels Commercial Group
Listed By: Christopher Fischels
Source: Exprealty
Added: Oct 28 Changed: Nov 1 Last Checked: Nov 1 at 3:55PM

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 Fischels Commercial Group

Rey
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Investment Insights

Based on property information with market context.

This 9,072-square-foot medical office property at 125 E Tower Park Dr in Waterloo, Iowa, includes a reception area, lobby and waiting room, private offices, exam rooms, and a conference room. The building can be leased as a whole or separated into two suites. On-site parking serves the property.

Key Highlights

  • 9,072‑square‑foot medical office property
  • Can be leased as one building or divided into two suites
  • Reception area, lobby, and waiting room

Property Analytics

Current Use

Cedar Valley Medical ... Medical Clinic Schwartz Jane M Physician Gregory Keith Harter Pediatrician Kelli Deserano Physician Suresh Reddy Physician

Suggested Use

Top Pick Restaurant Building Supply Real Estate Agency Auto Repair Shop Big Box & Wholesale Store Hair Salon

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

NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

610
Businesses Nearby
Under-served
Demand for This Use

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

$20.71 /SF/Yr
Avg Asking Price
$13–$32 /SF/Yr
Price Range
11,750 SF
Avg Space Size

This space is priced 13% below the average of $20.71 /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

Similar Off Market Nearby

  • Den Herder Veterinary Hospital — 4041 Hurst Dr, Waterloo, IA 50701
  • Den Herder Veterinary Hospital: Taylor Tom DVM — 4041 Hurst Dr, Waterloo, IA 50701

Frequently Asked Questions

What type of property is this?
Medical Office Space - The full property is available together or in a two-suite configuration.
Where is this medical office space located?
The property is located at 125 E Tower Park Dr Waterloo, IA.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: 9,072‑square‑foot medical office property; Can be leased as one building or divided into two suites; Reception area, lobby, and waiting room
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