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Renovated Retail Suite

2101 FALLS AVE, Waterloo, IA 50701

For Lease
Contact for pricing

Flexible interior space includes a customer-facing office, a separate side entrance, and basement storage.

Space Size800 SF
Property Size840 SF
Days on Market14

Property Features for 2101 FALLS AVE

General Information

Standard status Active
Size 800 SF
Net Rentable 840 SF
Property subtype Retail, Office
Lease Type Gross

Space & Availability

Available Space 840 SF
Contiguous Space 840 SF
Available From Immediate

Lease Terms

Lease Rate $800 /MO
Monthly Rent $800
Rent per SF/Year $11.43

Additional Details

Corner Location Yes

Amenities

signage opportunity
brand-new front window
new flooring
fresh paint
LED lighting
updated bathroom
Central AC
efficient boiler
side door
full basement
ample parking

Spaces For Lease

at 2101 FALLS AVE
Space 1 Active
Size 800 SF
Contact us
Listing Agency: Berkshire Hathaway HomeServices One Realty Centre Waterloo
Listed By: Jared Hottle · License IA S68688000
Source: Crexi
Added: Oct 27 Changed: Nov 8 Last Checked: Nov 8 at 3:43PM

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 Berkshire Hathaway HomeServices One Realty Centre Waterloo

Rey
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Investment Insights

Based on property information with market context.

This 840 SF retail suite at 2101 Falls Avenue has a front office and an adaptable main floor, with a full basement for storage. Recent work includes flooring, paint and wall texture, LED lighting, a new front window, and an updated bathroom. Heating is provided by a boiler, with central AC for cooling. A side entrance supports deliveries, and parking is available.

The property occupies the corner of Falls Avenue and Magnolia Parkway, with reported daily traffic exceeding 3,000 vehicles. New residential development and commercial construction are underway nearby. The lease is gross, with the tenant responsible for utilities.

Key Highlights

  • 840 SF retail suite with front office and flexible main floor
  • Full basement provides storage space
  • Corner location at Falls Avenue and Magnolia Parkway; more than 3,000 cars pass daily

Property Analytics

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

Current Use

New Century Telecommunications Telecommunications Service Rack Temple Hosting ... Data Center

Suggested Use

Top Pick Law Firm Dental Office (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Grocery & Convenience Store Locksmith

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
$1.71 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

529
Businesses Nearby
29k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 65% Shops & Services 35%
Burger King Dining
9,597 visits/mo 0.3 miles
Family Dollar Shops & Services
6,237 visits/mo 0.4 miles
SUBWAY Dining
2,890 visits/mo 0.4 miles
Pizza Hut Dining
2,308 visits/mo 0.3 miles
Domino's Pizza Dining
1,641 visits/mo 0.5 miles

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

$20.16 /SF/Yr
Avg Asking Price
$6–$40 /SF/Yr
Price Range
15,146 SF
Avg Space Size

This space is priced 43% below the average of $20.16 /SF/Yr.

Average Price Trend$/SF/Yr for Retail space in Waterloo, IA

$16.91 Jul
$20.48 Aug
$21.79 Sep
$20.16 Oct

Properties on Market for Retail space in Waterloo

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Flexible interior space includes a customer-facing office, a separate side entrance, and basement storage.
Where is this retail space located?
The property is located at 2101 FALLS AVE Waterloo, IA.
What are key features of this property?
This property features: 840 SF retail suite with front office and flexible main floor; Full basement provides storage space; Corner location at Falls Avenue and Magnolia Parkway; more than 3,000 cars pass daily
(515) 664-1131 Call to check price and availability
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