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Retail Space with Showroom Area
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1205 E San Marnan Drive Unit 500, Waterloo, IA 50701

Corner retail property with refreshed exterior improvements, parking aligned with the storefront, and flexible suite demising options.

Space Size1,500 SF - 19,800 SF
Days on Market662

Property Features for 1205 E San Marnan Drive Unit 500

General Information

Standard status Active
Size 1,500 SF - 19,800 SF
Net Rentable 1,500 SF
Lease Term []

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
Tenancy Multi
Listing Agency: GLD COMMERCIAL
Listed By: Michael Gibbs
Source: Cbhrealty
Added: Nov 6, 2024 Changed: Aug 29 Last Checked: Aug 26 at 1:03PM

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

Investment Insights

Based on property information with market context.

This retail property at 1205 E San Marnan Drive includes 19,800 SF of building area. Approximately 8,000 SF is configured as retail space facing E San Marnan, with parking positioned directly in front of the entrances. The remaining 11,800 SF provides an expansive area suited to showroom or big-box retail operations. Suites may be divided to a minimum of 1,500 SF for qualified tenants.

The property occupies the corner of E San Marnan Drive and Flammang Drive in Waterloo. Exterior façade improvements and a new parking lot were completed in 2025, while additional parking extends across the site. The building was constructed in 1993.

Key Highlights

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

Multi-tenant
Tenancy
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

$15.24 /SF/Yr
Avg Asking Price
$1.1–$40 /SF/Yr
Price Range
11,857 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 retail property with refreshed exterior improvements, parking aligned with the storefront, and flexible suite demising options.
Where is this retail space located?
The property is located at 1205 E San Marnan Drive Unit 500 Waterloo, IA.
What are key features of this property?
This property features: 19,800 SF total building area; Approximately 8,000 SF of retail space facing E San Marnan; Remaining 11,800 SF suited to showroom or big‑box retail use
More about this property
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