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Retail Suite with Private Offices
For Lease
$14 SF/Yr CAM $7.19 /USD/SF/YR

203 E Tower Park Drive Unit #B, Waterloo, IA 50701

Reception and lobby areas accompany enclosed rooms suited to professional, medical, wellness, or retail use.

Space Size1,470 SF
Property Size9,246 SF
Days on Market63

Property Features for 203 E Tower Park Drive Unit #B

General Information

Standard status Active
Size 1,470 SF
Net Rentable 1,470 SF
Property subtype Retail
Lease Type NNN

Space & Availability

Available Space 1,470 SF
Contiguous Space 1,470 SF
Space Use Office

Additional Details

CAM $7.19 /SF/YR
Road Access Yes

Taxes and HOA fees

Annual Taxes $50,685

Amenities

reception area
lobby
private offices
treatment rooms
signage opportunities
on-site parking
convenient access

Building Details

Building Size 9,246 SF
Year Built 2000
Listing Agency: Fischels Commercial Group
Listed By: Christopher Fischels · License #B44779000
Source: Karensteffeshomes
Added: Aug 26 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 Fischels Commercial Group

Rey
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Investment Insights

Based on property information with market context.

Unit B provides 1,470 square feet of retail space with a reception area, lobby, and private rooms. The space previously served as a chiropractic office and has a layout suited to professional, medical, wellness, or retail uses. The building was constructed in 2000.

The property is just off San Marnan Drive in Waterloo, with access to the commercial corridor. On-site parking and signage opportunities are available. The lease is structured as NNN.

Key Highlights

  • 1,470‑square‑foot retail space
  • Reception and lobby areas with private offices or treatment rooms
  • Previously used as a chiropractic office

Property Analytics

Current Use

Spines & Grinds Chiropractic Alternative Medicine Practice Iowa State Education ... Advocacy Group Waterloo Education Association Association / Organization Wickwire Chiropractic and Wellness ... Alternative Medicine Practice Stacy M. Carlin, ... Alternative Medicine Practice

Suggested Use

Top Pick Restaurant Building Supply Auto Repair Shop Big Box & Wholesale Store Auto Parts Store 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
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

255
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

Market

Lease Benchmarks for Waterloo, IA

$22.4 /SF/Yr
Avg Asking Price
$12–$40 /SF/Yr
Price Range
14,849 SF
Avg Space Size

This space is priced 37% below the average of $22.4 /SF/Yr.

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?
Retail space - Reception and lobby areas accompany enclosed rooms suited to professional, medical, wellness, or retail use.
Where is this retail space located?
The property is located at 203 E Tower Park Drive Unit #B Waterloo, IA.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: 1,470‑square‑foot retail space; Reception and lobby areas with private offices or treatment rooms; Previously used as a chiropractic office
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