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Retail Space with Showroom Area
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600-1205 E San Marnan Dr, Waterloo, IA 50701

Corner retail property with upgraded exterior finishes, refreshed parking, and flexible suite configuration for qualified tenants.

Space Size1,500 SF - 19,800 SF
Days on Market625

Property Features for 600-1205 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

Taxes and HOA fees

Annual Taxes $70,722

Building Details

Year Renovated 2025
Building Size 19,800 SF
Listing Agency: GLD COMMERCIAL
Listed By: Michael Gibbs
Source: Exprealty
Added: Dec 17, 2024 Changed: Sep 2 Last Checked: Sep 2 at 12:27AM

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 comprises 19,800 square feet, including approximately 8,000 square feet of customer-facing retail area oriented toward E San Marnan Dr. The balance provides 11,800 square feet suited to larger-format retail or showroom operations. Front-door parking is positioned directly along the primary retail area, with additional parking distributed throughout the site.

Exterior façade improvements and a new parking lot were completed in 2025. The landlord can divide the building into suites as small as 1,500 square feet for qualified tenants, while the full property is also available to a single occupant. The site is located at the corner of E San Marnan Dr and Flammang Dr in Waterloo.

Key Highlights

  • 19,800 SF building with approximately 8,000 SF of retail space
  • Remaining 11,800 SF accommodates larger‑format retail or showroom use
  • Exterior façade upgrade and new parking lot completed in 2025

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick HVAC Service Kitchen & Bath Showroom Electrical Service Hair Salon Nail Salon Grocery & Convenience 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

691
Businesses Nearby
252k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 32% Dining 31% Shops & Services 28% Groceries 8%
Sam's Club Superstores
79,678 visits/mo 0.5 miles
Culver's Dining
25,660 visits/mo 0.4 miles
Sam's Club Gas Station Shops & Services
22,821 visits/mo 0.4 miles
McDonald's Dining
22,637 visits/mo 0.1 miles
Fareway Groceries
19,719 visits/mo 0.0 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
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Frequently Asked Questions

What type of property is this?
Retail space - Corner retail property with upgraded exterior finishes, refreshed parking, and flexible suite configuration for qualified tenants.
Where is this retail space located?
The property is located at 600-1205 E San Marnan Dr Waterloo, IA.
What are key features of this property?
This property features: 19,800 SF building with approximately 8,000 SF of retail space; Remaining 11,800 SF accommodates larger‑format retail or showroom use; Exterior façade upgrade and new parking lot completed in 2025
More about this property
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