Mixed-Use Suites with Large
For Lease
$16 SF/Yr
425 Franklin Street Unit 103, Waterloo, IA 50703
Two renovated spaces offer retail or office use, with a potential drive-through opportunity.
Space SizeContact for details
Property Size14,874 SF
Days on Market784
Property Features for 425 Franklin Street Unit 103
General Information
Standard status
Active
Size
14,874 SF
Property subtype
Office/Retail
Additional Details
Space Use
Retail/Office
Taxes and HOA fees
Annual Taxes
$5,740
Building Details
Building Size
14,874 SF
Year Built
1923
Listing Agency:
Miehe Commercial Real Estate
Listed By:
Matt Miehe, CCIM · License #B58183000
(319) 269-6222
Source:
Karensteffeshomes
Added: Sep 4, 2024
Changed: Oct 26
Last Checked: Oct 26 at 2:54PM
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
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Investment Insights
Based on property information with market context.
Two renovated suites accommodate retail or office use and feature large, street-facing windows that bring natural light into the spaces. A potential drive-through opportunity is also noted. The property dates to 1923.
The suites sit across from Lincoln Park in downtown Waterloo. Nearby businesses and civic destinations include KWWL, Waterloo City Hall, the Black Hawk County Courthouse, and Waterloo Elk’s Club.
The suites sit across from Lincoln Park in downtown Waterloo. Nearby businesses and civic destinations include KWWL, Waterloo City Hall, the Black Hawk County Courthouse, and Waterloo Elk’s Club.
Key Highlights
- Two retail/office suites
- Renovated spaces with large, front‑facing windows
- Potential drive‑through opportunity
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
947
Businesses Nearby
17k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 52%
Dining 39%
Home Improvements & Furnishings 5%
Groceries 4%
Hardee's
Dining
6,419 visits/mo
0.3 miles
Dollar General
Shops & Services
4,963 visits/mo
0.2 miles
Cenex
Shops & Services
2,650 visits/mo
0.1 miles
Regions Bank
Shops & Services
976 visits/mo
0.2 miles
Spellers True Value
Home Improvements & Furnishings
880 visits/mo
0.3 miles
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
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two renovated spaces offer retail or office use, with a potential drive-through opportunity.
Where is this mixed-use property located?
The property is located at 425 Franklin Street Unit 103 Waterloo, IA.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Two retail/office suites; Renovated spaces with large, front‑facing windows; Potential drive‑through opportunity
