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Multi-Suite Office Building

1727 University Avenue #Suite 102, Waterloo, IA 50701

For Lease
$575/Mo

Lower-level space combines an open lobby with private offices, with utilities included in the rent.

Space SizeContact for details
Property Size4,005 SF
Days on Market455

Property Features for 1727 University Avenue #Suite 102

General Information

Standard status Active
Size 4,005 SF
Zoning R-4

Space & Availability

Floor Lower Level
Space Use Office

Additional Details

Utilities Included in Rent electricity, gas, water, sewer, trash

Taxes and HOA fees

Annual Taxes $5,193

Amenities

open lobby space
signage opportunities

Building Details

Building Size 4,005 SF
Year Built 1967
Tenancy Multi
Listing Agency: Fischels Commercial Group
Listed By: Chris Fischels · License IA B44779000
Source: Gnbrealestate
Added: Aug 12, 2025 Changed: Nov 8 Last Checked: Nov 9 at 10:06AM

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 Fischels Commercial Group

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Investment Insights

Based on property information with market context.

Office space is available on the lower level of a multi-suite building constructed in 1967. The 4,005-square-foot suite includes an open lobby area and private offices, providing a mix of shared reception space and enclosed work areas.

The property is on University Avenue in Waterloo, Iowa. Parking is available, and the building offers signage opportunities. Electric, gas, water, sewer, and garbage service are included in the rent.

Key Highlights

  • 4,005 square feet of lower‑level office space
  • Open lobby area and private offices
  • Electric, gas, water, sewer, and garbage included in rent

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Helm Counseling & Associates Family Counselor Greco & Associates Financial ... Financial Advisor Mending Minds Mental ... Crisis Center

Suggested Use

Top Pick Law Firm Dental Office Building Supply Daycare Center Real Estate Agency Bakery

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
$0.26 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

369
Businesses Nearby

Demographics for 50701, IA

29,806
Population
14,530
Households
2.1
Avg Household Size
39
Median Age
30%
College-Educated
95%
High-School Grad
79.1 sq mi
ZIP Area
377
Density / Sq Mi
$62,857
Median Household Income
$41,464
Median Earnings
$846
Median Rent
$183,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Waterloo, IA

$23.43 /SF/Yr
Avg Asking Price
$2.21–$180 /SF/Yr
Price Range
17,214 SF
Avg Space Size

This space is priced 93% below the average of $23.43 /SF/Yr.

Average Price Trend$/SF/Yr for Office Units in Waterloo, IA

$8.93 Jul
$11.95 Aug
$12.66 Sep
$24.23 Oct

Properties on Market for Office Units in Waterloo

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office unit - Lower-level space combines an open lobby with private offices, with utilities included in the rent.
Where is this office unit located?
The property is located at 1727 University Avenue #Suite 102 Waterloo, IA.
What is the lease rate?
The lease rate is $575/Mo.
What are key features of this property?
This property features: 4,005 square feet of lower‑level office space; Open lobby area and private offices; Electric, gas, water, sewer, and garbage included in rent
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