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Community Service Office Suite
For Lease
$8 SF/Yr

3-2530 University Ave, Waterloo, IA 50701

Full-service office suite with private offices, meeting room, restroom, and reception for qualifying 501(c)3 organizations.

Space SizeContact for details
Days on Market759

Property Features for 3-2530 University Ave

General Information

Standard status Active
Listing Agency: Miehe Commercial Real Estate
Listed By: Matt Miehe, CCIM · License #B58183000
Source: Exprealty
Added: Jul 15, 2024 Changed: Jul 10 Last Checked: Aug 11 at 10:05AM

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.

This suite in the Community Service Building is designed for an organization needing enclosed work areas and client-ready space. The layout includes private offices, a meeting room, a restroom, and a reception area. Building support is available through shared amenities, including a shared board room and training rooms, along with secure storage.

The building is centrally located along the University Ave corridor and is positioned next to New Maple Lanes. On-site management and daily janitorial are provided as part of the building’s service offering.

The space is intended for a qualifying large 501(c)3 tenant/occupant, with occupancy limited to such organizations. The lease is structured as full service, with the tenant responsible for suite janitorial, as well as internet and phone. For an eligible nonprofit requiring administrative offices, meeting space, and staffed building support, this suite offers a practical combination of private rooms and shared program-oriented facilities.

Key Highlights

  • Full‑service office suite on the Waterloo University Ave corridor for qualifying 501(c)3 organizations
  • Suite includes private offices, meeting room, restroom, and reception area
  • Building offers shared board room, training rooms, secure storage, daily janitorial, and on‑site property manager

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Pharmacy Garden Center Electrical Service Storage Facility Skin Care Clinic Locksmith

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

Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

754
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

$8.76 /SF/Yr
Avg Asking Price
$0.54–$24 /SF/Yr
Price Range
13,202 SF
Avg Space Size

This space is priced 9% below the average of $8.76 /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
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Frequently Asked Questions

What type of property is this?
Office units - Full-service office suite with private offices, meeting room, restroom, and reception for qualifying 501(c)3 organizations.
Where is this office units located?
The property is located at 3-2530 University Ave Waterloo, IA.
What is the lease rate?
The lease rate is $8 SF/Yr.
What are key features of this property?
This property features: Full‑service office suite on the Waterloo University Ave corridor for qualifying 501(c)3 organizations; Suite includes private offices, meeting room, restroom, and reception area; Building offers shared board room, training rooms, secure storage, daily janitorial, and on‑site property manager
More about this property
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