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Retail Space with Private Offices
For Lease
$1,300/Mo

325 Franklin Street, Waterloo, IA 50703

C-2-zoned suite combines private offices, showroom space, and large windows with natural light.

Space Size1,250 SF
Property Size2,400 SF
Days on Market760

Property Features for 325 Franklin Street

General Information

Standard status Active
Size 1,250 SF
Net Rentable 1,250 SF
Zoning C-2

Space & Availability

Available Space 1,250 SF
Contiguous Space 1,250 SF
Space Use Office
Private Offices 3

Additional Details

Anchor Co-Tenants Hometown Cash Advance

Taxes and HOA fees

Annual Taxes $4,206

Amenities

large front-facing windows
private offices
show room

Building Details

Building Size 2,400 SF
Year Built 1997
Tenancy Multi
Listing Agency: Miehe Commercial Real Estate
Listed By: Matt Miehe, CCIM · License #B58183000
Source: Sweeneyrealestate
Added: Jul 24, 2024 Changed: Aug 21 Last Checked: Aug 21 at 2:58PM

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 1,250-square-foot retail suite offers a flexible layout with three private offices and a showroom divided by a false wall. Large windows bring natural light into the space, supporting a bright storefront environment for retail or office use. The property was built in 1997 and carries C-2 zoning.

The suite is located at 325 Franklin Street in downtown Waterloo, with Hometown Cash Advance as a co-tenant. Nearby businesses include Dollar General, All in Grocers, Cenex, Earths Beauty Supply, and Los Reyes, placing the property among an established mix of commercial occupants.

Key Highlights

  • 1,250 SF retail or office suite
  • Three private offices included
  • Showroom separated by a false wall

Property Analytics

Current Use

Cricket Wireless Authorized ... Mobile Phone Store

Suggested Use

Top Pick Locksmith Catering Service Home Appliance Store Butcher Acupuncture Electrical 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
NNN (Triple Net)
Lease Type
$1.87 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

993
Businesses Nearby

Demographics for 50703, IA

18,913
Population
8,705
Households
2.2
Avg Household Size
38
Median Age
13%
College-Educated
87%
High-School Grad
93.2 sq mi
ZIP Area
203
Density / Sq Mi
$49,412
Median Household Income
$33,105
Median Earnings
$926
Median Rent
$92,500
Median Home Value

Market

Lease Benchmarks for Waterloo, IA

$17.51 /SF/Yr
Avg Asking Price
$1.1–$40 /SF/Yr
Price Range
14,702 SF
Avg Space Size

This space is priced 29% below the average of $17.51 /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 - C-2-zoned suite combines private offices, showroom space, and large windows with natural light.
Where is this retail space located?
The property is located at 325 Franklin Street Waterloo, IA.
What is the lease rate?
The lease rate is $1,300/Mo.
What are key features of this property?
This property features: 1,250 SF retail or office suite; Three private offices included; Showroom separated by a false wall
More about this property
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