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Climate-Controlled Flex Space
For Lease
$1,200/Mo

2811 Geraldine Road #1, Waterloo, IA 50703

Suites have separate utility meters, insulated walls, and private bathrooms for independent use.

Space SizeContact for details
Property Size7,500 SF
Days on Market789

Property Features for 2811 Geraldine Road #1

General Information

Standard status Active
Size 7,500 SF
Zoning M-1

Lease Terms

Month-to-Month Yes
Flexible Term Yes

Warehouse & Industrial

Conditioned Warehouse Yes
Warehouse Heated Yes

Additional Details

Space Use Self Storage
Highway Access Yes

Taxes and HOA fees

Annual Taxes $179

Building Details

Building Size 7,500 SF
Year Built 2023
Listing Agency: AWRE - Commercial & Development
Listed By: Lindsey McEnaney · License #S70812000
Source: Mainrealty
Added: Sep 5, 2024 Changed: Oct 31 Last Checked: Oct 31 at 2:17PM

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.

Climate-controlled flex suites offer 25-by-50-foot interiors, 16-foot side walls, and a 12-by-14-foot overhead door. Each unit also includes a floor drain, insulated walls, a bathroom, and separate electric and water meters. The property was built in 2023 and is zoned M-1.

Located on Geraldine Road in Waterloo, the property is close to Highway 218 and the Waterloo Regional Airport, between Cedar Falls and Waterloo. Lease terms range from month-to-month to longer commitments; tenants pay metered utilities. An annual HOA fee covers lawn care, snow removal, and exterior insurance.

Key Highlights

  • 25' x 50' suites with 16' side walls
  • 12' x 14' overhead door and floor drain in each unit
  • Climate control, insulated walls, and a bathroom in every suite

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Plumbing Service Storage Facility Parking Lot & Garage Carpet & Flooring Store Kitchen & Bath Showroom Real Estate Agency

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

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2
Businesses Nearby
Well-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Suites have separate utility meters, insulated walls, and private bathrooms for independent use.
Where is this flex space located?
The property is located at 2811 Geraldine Road #1 Waterloo, IA.
What is the lease rate?
The lease rate is $1,200/Mo.
What are key features of this property?
This property features: 25' x 50' suites with 16' side walls; 12' x 14' overhead door and floor drain in each unit; Climate control, insulated walls, and a bathroom in every suite
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