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Flexible Office-Retail Suite
For Lease
$24 SF/Yr

1519 E San Marnan Drive, Waterloo, IA 50702

The interior offers a waiting area, potential for multiple offices, and a flexible break space.

Space Size1,450 SF
Property Size16,716 SF
Days on Market552

Property Features for 1519 E San Marnan Drive

General Information

Standard status Active
Size 1,450 SF
Net Rentable 1,450 SF
Property subtype Office/Retail
Lease Type NNN

Space & Availability

Available Space 1,450 SF
Contiguous Space 1,450 SF
Space Use Retail

Site & Location

Anchor Co-Tenants Jimmy Johns, Stanton Optical, Panda Express, GNC, Target, Kwik Star, CVS
Highway Access Yes

Taxes and HOA fees

Annual Taxes $86,373

Building Details

Building Size 16,716 SF
Year Built 1983
Tenancy Multi
Listing Agency: AWRE - Commercial & Development
Listed By: Lindsey McEnaney · License #S70812000
Source: Karensteffeshomes
Added: Apr 24, 2025 Changed: Oct 26 Last Checked: Oct 26 at 3:16PM

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 AWRE - Commercial & Development

Rey
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Investment Insights

Based on property information with market context.

This office and retail space totals 1,450 square feet within a property built in 1983. Its layout includes a waiting area, room for multiple offices, and a break area that can serve flexible needs.

East San Marnan Drive provides the setting, near the I-380 and US 218 interchange. The surrounding retail corridor includes national tenants and a large parking area. Nearby retail anchors include Target, Kwik Star, and CVS; co-tenants include Jimmy John's, Stanton Optical, Panda Express, and GNC.

Key Highlights

  • 1,450 square feet of office‑retail space
  • Waiting area, potential for multiple offices, and flexible break area
  • Near the I‑380 / US 218 interchange

Property Analytics

Current Use

Advance America Loan Service Western Union Bank

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Dental Office HVAC 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
Yes
Highway access
NNN (Triple Net)
Lease Type
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

574
Businesses Nearby
621k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 47% Shops & Services 21% Superstores 13% Apparel 12%
Target Superstores
80,027 visits/mo 0.1 miles
Chick-fil-A Dining
46,408 visits/mo 0.4 miles
T.J. Maxx Apparel
45,474 visits/mo 0.4 miles
Kwik Trip Shops & Services
41,329 visits/mo 0.4 miles
DICK'S Sporting Goods Apparel
27,956 visits/mo 0.4 miles

Demographics for 50702, IA

20,447
Population
9,722
Households
2.1
Avg Household Size
37
Median Age
21%
College-Educated
89%
High-School Grad
9.8 sq mi
ZIP Area
2,086
Density / Sq Mi
$59,784
Median Household Income
$38,826
Median Earnings
$926
Median Rent
$145,800
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The interior offers a waiting area, potential for multiple offices, and a flexible break space.
Where is this mixed-use property located?
The property is located at 1519 E San Marnan Drive Waterloo, IA.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: 1,450 square feet of office‑retail space; Waiting area, potential for multiple offices, and flexible break area; Near the I‑380 / US 218 interchange
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