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Retail Suite in C-2 Zoning
For Lease
$12 SF/Yr

1907 Schukei Road, Waterloo, IA 50702

A 1,650-square-foot space is suited to office or retail use within the existing tenant mix.

Space Size1,650 SF
Property Size10,730 SF
Days on Market818

Property Features for 1907 Schukei Road

General Information

Standard status Active
Size 1,650 SF
Net Rentable 1,650 SF
Zoning C-2
Lease Type NNN

Space & Availability

Available Space 1,650 SF
Contiguous Space 1,650 SF

Additional Details

Anchor Co-Tenants Lucky Nail, Hair Gallery, Cosmo Prof

Taxes and HOA fees

Annual Taxes $27,420

Building Details

Building Size 10,730 SF
Year Built 2000
Tenancy Multi
Listing Agency: Miehe Commercial Real Estate
Listed By: Matt Miehe · License #B58183000
Source: Mainrealty
Added: Aug 7, 2024 Changed: Oct 31 Last Checked: Oct 31 at 2:33PM

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

Rey
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Investment Insights

Based on property information with market context.

The 1,650-square-foot retail suite was built in 2000 and carries C-2 zoning. Its stated use potential includes office and retail operations, offering flexibility within the property’s commercial setting.

The suite is on San Marnan Drive, behind Olive Garden and across from Aldi. Other occupants at the property include Lucky Nail, Hair Gallery, and Cosmo Prof.

Key Highlights

  • 1,650 SF retail suite
  • C‑2 zoning
  • Built in 2000

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Spa & Massage Center 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
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

572
Businesses Nearby
737k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 23% Dining 23% Shops & Services 21% Groceries 10%
Walmart Superstores
92,036 visits/mo 0.2 miles
Target Superstores
80,027 visits/mo 0.3 miles
Hy-Vee Groceries
53,742 visits/mo 0.3 miles
Menards Home Improvements & Furnishings
48,812 visits/mo 0.3 miles
Chick-fil-A Dining
46,408 visits/mo 0.1 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

Lease Benchmarks for Waterloo, IA

$20.78 /SF/Yr
Avg Asking Price
$6–$40 /SF/Yr
Price Range
13,907 SF
Avg Space Size

This space is priced 42% below the average of $20.78 /SF/Yr.

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?
Retail space - A 1,650-square-foot space is suited to office or retail use within the existing tenant mix.
Where is this retail space located?
The property is located at 1907 Schukei Road Waterloo, IA.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 1,650 SF retail suite; C‑2 zoning; Built in 2000
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Includes: Price & PSF · Cap rate · Location · Zoning

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