Building Details

Year Built 1982

Listing Agency: Century 21 Signature RE - Oelwein Show Phone

Listed By: Kyle Steele Show Phone

Source: Pinnaclerealtyia

Added: Mar 31 Changed: Sep 6 Last Checked: Sep 7 at 5:18AM

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Investment Insights

Based on property information with market context.

This office space totals 3,168 sq. ft. and is currently arranged with a reception area, offices, conference rooms, break room areas, and bathrooms. The landlord will consider splitting the space into two self-sufficient units of 1,584 sq. ft. each.

The property has frontage on Hwy 92/East Washington St. The building offers front and rear parking and front and back entrances for convenient access. A lockbox is located on the south door, with the key for the north door.

The lease includes taxes, insurance, cam fees, and utilities. The landlord is looking for a minimum three-year lease term and will consider longer terms.

Key Highlights

• 3,168 SF commercial office space on Hwy 92/East Washington St in a high‑traffic area
• Layout includes reception, offices, conference rooms, break room areas, and bathrooms
• Landlord may split into 2 self‑sufficient units with 1,584 SF each

Property Analytics

Property Profile

Current Use

Professional Home Health ... Home Health Care Service Hertz Farm Management, ... Real Estate Agency US Consolidated Farm ... Sustainability Organization

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Dental Office HVAC Service Hair Salon

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

Yes

Paved road access

NNN (Triple Net)

Lease Type

$2.10 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

151

Businesses Nearby

Explore this area Business Placement

Demographics for 52353, IA

9,416

Population

3,995

Households

2.4

Avg Household Size

41

Median Age

22%

College-Educated

93%

High-School Grad

157.4 sq mi

ZIP Area

60

Density / Sq Mi

$63,232

Median Household Income

$36,062

Median Earnings

$912

Median Rent

$155,700

Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019

15.6% 2020

17.1% 2021

18.9% 2022

21% 2023

22% 2024

21.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this office units located? What is the lease rate? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Office units - Office space includes reception, offices, conference rooms, break room, and restrooms, with ample front and rear parking.

Where is this office units located?

The property is located at 1621 E Washington St. Washington, IA.

What is the lease rate?

The lease rate is $14 SF/Yr.

What are key features of this property?

This property features: 3,168 SF commercial office space on Hwy 92/East Washington St in a high‑traffic area; Layout includes reception, offices, conference rooms, break room areas, and bathrooms; Landlord may split into 2 self‑sufficient units with 1,584 SF each