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Office Suite with Reception Area

205 E Tower Park Drive, Waterloo, IA 50701

For Lease
$15 SF/Yr CAM $7.19 /USD/SF/YR

The 1,050-square-foot space includes private offices and a dedicated reception area.

Space Size1,050 SF
Property Size9,246 SF
Days on Market575

Property Features for 205 E Tower Park Drive

General Information

Standard status Active
Size 1,050 SF
Net Rentable 1,050 SF
Zoning c
Lease Type NNN

Space & Availability

Available Space 1,050 SF
Contiguous Space 1,050 SF
Space Use Office

Additional Details

CAM $7.19 /SF/YR

Taxes and HOA fees

Annual Taxes $50,685

Amenities

lobby
reception area
signage opportunities
parking

Building Details

Building Size 9,246 SF
Year Built 2000
Listing Agency: Fischels Commercial Group
Listed By: Chris Fischels · License IA B44779000
Source: Gnbrealestate
Added: Apr 14, 2025 Changed: Nov 9 Last Checked: Nov 9 at 2:14PM

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.

This Waterloo office suite offers 1,050 square feet of workspace, with a lobby and reception area alongside private offices. The property was built in 2000 and has a large parking area.

The office is located just off San Marnan Drive at 205 E Tower Park Drive. Signage opportunities are also noted for the property.

Key Highlights

  • 1,050‑square‑foot office suite
  • Lobby and reception area with private offices
  • Large parking area

Property Analytics

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

Current Use

Office Units

Suggested Use

Top Pick Restaurant Real Estate Agency Big Box & Wholesale Store Building Supply Auto Repair Shop 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

NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

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
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 36% 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 - The 1,050-square-foot space includes private offices and a dedicated reception area.
Where is this office unit located?
The property is located at 205 E Tower Park Drive Waterloo, IA.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: 1,050‑square‑foot office suite; Lobby and reception area with private offices; Large parking area
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