Search
Office/Retail Suite
For Lease
$24 SF/Yr NNN (Triple Net)

1519 E San Marnan Dr, Waterloo, IA 50702

Office/retail space with a waiting area, multiple office options, and a flex break area in a high-traffic retail corridor.

Space SizeContact for details
Property Size16,716 SF
Days on Market20

Property Features for 1519 E San Marnan Dr

General Information

Standard status Active
Size 16,716 SF
Lease Type NNN

Additional Details

Highway Access Yes

Building Details

Year Built 1983
Tenancy Multi
Listing Agency: AWRE - Commercial & Development
Listed By: Lindsey McEnaney · License #S70812000
Source: Kwlegacyrealty
Added: Jul 21 Changed: Jul 22 Last Checked: Aug 8 at 8:10AM

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 AWRE - Commercial & Development

Investment Insights

Based on property information with market context.

This 1,450-square-foot office/retail suite is positioned in a strong retail corridor and offers a practical interior layout for professional use. The space includes a waiting area, an opportunity for multiple offices, and a flex break area to support day-to-day operations.

The property is located along East San Marnan Drive, off the I-380/US 218 interchange, in a highly visible, heavily trafficked area. Co-tenants include Jimmy Johns, Stanton Optical, Panda Express, GNC, and others, with nearby national retailers such as Target, Kwik Star, and CVS.

Estimated NNN expenses are listed at $7.96/SF.

Key Highlights

  • 1,450 SF office/retail space in a strong retail corridor in Waterloo
  • Waiting area plus space that supports multiple office options
  • Includes a flex break area

Property Analytics

Current Use

Advance America Loan Service Western Union Bank

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Dental Office HVAC Service

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

Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

492
Businesses Nearby

Demographics for 50702, IA

20,447
Population
9,722
Households
2.1
Avg Household Size
37
Median Age
21%
College-Educated
89%
High-School Grad
9.8 sq mi
ZIP Area
2,086
Density / Sq Mi
$59,784
Median Household Income
$38,826
Median Earnings
$926
Median Rent
$145,800
Median Home Value

Market

Lease Benchmarks for Waterloo, IA

$8.36 /SF/Yr
Avg Asking Price
$0.54–$24 /SF/Yr
Price Range
15,546 SF
Avg Space Size

This space is priced 187% above the average of $8.36 /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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office units - Office/retail space with a waiting area, multiple office options, and a flex break area in a high-traffic retail corridor.
Where is this office units located?
The property is located at 1519 E San Marnan Dr Waterloo, IA.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: 1,450 SF office/retail space in a strong retail corridor in Waterloo; Waiting area plus space that supports multiple office options; Includes a flex break area
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message