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Retail Building with Showroom Space
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1205 E San Marnan Dr, Waterloo, IA 50701

Corner-site retail property with an upgraded façade and a new parking lot.

Space Size1,500 SF - 19,800 SF
Days on Market30

Property Features for 1205 E San Marnan Dr

General Information

Standard status Active
Size 1,500 SF - 19,800 SF
Net Rentable 1,500 SF

Space & Availability

Available Space 1,500-19,800 SF
Contiguous Space 19,800 SF
Divisible Yes
Space Use Retail

Additional Details

Corner Location Yes

Building Details

Year Built 1993
Year Renovated 2025
Building Size 19,800 SF
Listing Agency: GLD Commercial Real Estate Advisors
Listed By: Adam Gibbs · License #B43857000
Source: Kwlegacyrealty
Added: Aug 5 Changed: Aug 8 Last Checked: Sep 1 at 9:08PM

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 GLD Commercial Real Estate Advisors

Investment Insights

Based on property information with market context.

This 19,800 SF retail building, constructed in 1993, offers multiple leasing configurations. Approximately 8,000 SF is arranged as retail space along E San Marnan, with parking positioned directly in front of the entrances. The remaining 11,800 SF can accommodate a big-box retail or showroom format, while suites may be divided to a minimum of 1,500 SF for qualified tenants.

The property occupies the corner of E San Marnan and Flammang Dr in Waterloo. Exterior façade improvements and a new parking lot were completed in 2025, and parking extends across the site. The layout supports leasing the full building or creating smaller retail suites based on tenant requirements.

Key Highlights

  • 19,800 SF retail building constructed in 1993
  • Approximately 8,000 SF of retail space facing E San Marnan
  • Remaining 11,800 SF suited to big‑box retail or showroom use

Property Analytics

Current Use

Coin Cloud Bitcoin ... Atm Little Caesars Pizza Restaurant Neighborhood Home Sleep ... Furniture & Home Goods Bitstop Bitcoin ATM Crypto Atm

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center HVAC Service Hair Salon Big Box & Wholesale 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

Location Intelligence

Trade Area within ½ mile

492
Businesses Nearby
584k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 23% Shops & Services 18% Superstores 16% Groceries 13%
Walmart Superstores
92,036 visits/mo 0.1 miles
Hy-Vee Groceries
53,742 visits/mo 0.3 miles
Menards Home Improvements & Furnishings
48,812 visits/mo 0.2 miles
Chick-fil-A Dining
46,408 visits/mo 0.1 miles
T.J. Maxx Apparel
45,474 visits/mo 0.3 miles

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

$20.48 /SF/Yr
Avg Asking Price
$1.1–$40 /SF/Yr
Price Range
12,781 SF
Avg Space Size

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Corner-site retail property with an upgraded façade and a new parking lot.
Where is this retail space located?
The property is located at 1205 E San Marnan Dr Waterloo, IA.
What are key features of this property?
This property features: 19,800 SF retail building constructed in 1993; Approximately 8,000 SF of retail space facing E San Marnan; Remaining 11,800 SF suited to big‑box retail or showroom use
More about this property
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