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Retail Space with Storefront Windows
For Lease
$1,450/Mo

2827 University Avenue, Waterloo, IA 50701

Wide-open office and retail layout along University Avenue with prominent storefront windows and signage opportunities.

Space Size1,770 SF
Property Size2,946 SF
Days on Market923

Property Features for 2827 University Avenue

General Information

Standard status Active
Size 1,770 SF
Net Rentable 1,770 SF
Zoning C-2
Lease Type /mo

Space & Availability

Available Space 1,770 SF
Contiguous Space 1,770 SF
Space Use Office
Available From 2024-03-01

Taxes and HOA fees

Annual Taxes $4,212

Building Details

Building Size 2,946 SF
Year Built 1958
Listing Agency: Fischels Commercial Group
Listed By: Chris Fischels · License #B44779000
Source: Sweeneyrealestate
Added: Jan 29, 2024 Changed: Aug 8 Last Checked: Aug 8 at 11:39AM

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

Investment Insights

Based on property information with market context.

This 1,770-square-foot office and retail space offers a mostly wide-open layout that can accommodate a range of commercial configurations. Storefront windows provide visibility along University Avenue, while the space also offers signage opportunities for an occupant. The property was built in 1958 and is positioned at 2827 University Avenue in Waterloo, Iowa.

Key Highlights

  • 1,770 square feet of office and retail space
  • Mostly wide‑open interior layout
  • Storefront windows along University Avenue

Property Analytics

Current Use

Selectel Wireless Mobile Phone Store Cartridge World Toner Cartridge Supplier

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Gym & Fitness Center Pharmacy (Bike/Boat/Book/etc) 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

NNN (Triple Net)
Lease Type
$1.47 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

311
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

$16.91 /SF/Yr
Avg Asking Price
$1.1–$40 /SF/Yr
Price Range
13,148 SF
Avg Space Size

This space is priced 42% below the average of $16.91 /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
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Frequently Asked Questions

What type of property is this?
Retail space - Wide-open office and retail layout along University Avenue with prominent storefront windows and signage opportunities.
Where is this retail space located?
The property is located at 2827 University Avenue Waterloo, IA.
What is the lease rate?
The lease rate is $1,450/Mo.
What are key features of this property?
This property features: 1,770 square feet of office and retail space; Mostly wide‑open interior layout; Storefront windows along University Avenue
More about this property
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