Building Details

Building Size 82,449 SF

Year Built 1975

Tenancy Multi

Listing Agency: AWRE - Commercial & Development Show Phone

Listed By: Lindsey McEnaney · License #S70812000 Show Phone

Source: Sweeneyrealestate

Added: Aug 20, 2025 Changed: Aug 11 Last Checked: Aug 11 at 2:23AM

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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 AWRE - Commercial & Development

Investment Insights

Based on property information with market context.

This retail end-cap at Crossing Point Plaza offers approximately 3,770 square feet with drive-through capability. The suite can be divided into smaller configurations to support different tenant sizes and concepts. The property was built in 1975 and is zoned C-2.

The space fronts East San Marnan Drive in Waterloo, near the I-380 and US 218 interchange. The surrounding retail corridor includes a large parking area and co-tenancy with Planet Fitness, Iowa DOT, Diamond Nails, and One Vision. Nearby prominent retailers include Target, Kwik Star, and CVS.

Key Highlights

• Approximately 3,770 square feet of end‑cap retail space
• Drive‑through capability
• Space can be subdivided for different tenant sizes and concepts

Property Analytics

Property Profile

Current Use

One Vision Thrift ... Discount Store Planet Fitness Gym & Fitness Center Waterloo Driver's License ... Driver'S License Office American Freight Furniture, ... Furniture & Home Goods Conspiratorial Portable Toilets ... Building Supply

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage HVAC Service Daycare Center Garden Center

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

Yes

Highway access

NNN (Triple Net)

Lease Type

$3.00 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

535

Businesses Nearby

380k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 51% Superstores 21% Shops & Services 18% Home Improvements & Furnishings 3%

Target Superstores

80,027 visits/mo 0.4 miles

Kwik Trip Shops & Services

41,329 visits/mo 0.2 miles

McDonald's Dining

25,439 visits/mo 0.3 miles

Freddy's Frozen Custard & Steakburgers Dining

17,127 visits/mo 0.2 miles

LongHorn Steakhouse Dining

16,750 visits/mo 0.4 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

$15.8 /SF/Yr

Avg Asking Price

$1.1–$40 /SF/Yr

Price Range

11,501 SF

Avg Space Size

This space is priced 27% above the average of $15.8 /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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail space - Subdividable space in a C-2 retail plaza near the I-380 and US 218 interchange.

Where is this retail space located?

The property is located at 2060 Sovia Drive #101-103 Waterloo, IA.

What is the lease rate?

The lease rate is $20 SF/Yr.

What are key features of this property?

This property features: Approximately 3,770 square feet of end‑cap retail space; Drive‑through capability; Space can be subdivided for different tenant sizes and concepts