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Office Unit with Three Private Offices

2307 Falls Avenue #5, Waterloo, IA 50701

For Lease
$600/Mo

C-1-zoned space includes enclosed work areas and access to shared hallway restrooms.

Space SizeContact for details
Property Size4,688 SF
Days on Market691

Property Features for 2307 Falls Avenue #5

General Information

Standard status Active
Size 4,688 SF
Zoning C-1

Space & Availability

Space Use Office
Private Offices 3

Taxes and HOA fees

Annual Taxes $5,125

Building Details

Building Size 4,688 SF
Year Built 1972
Listing Agency: EPM, Iowa
Listed By: Leeann Sires
Source: Gnbrealestate
Added: Dec 19, 2024 Changed: Nov 9 Last Checked: Nov 9 at 2:13PM

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 EPM, Iowa

Rey
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Investment Insights

Based on property information with market context.

This 4,688-square-foot office unit contains three private offices, with additional space that could accommodate a reception or waiting area. Restrooms are shared with other occupants and located in the building’s hallway. The property was built in 1972.

Key Highlights

  • 4,688‑square‑foot office unit
  • Three private offices
  • Space may accommodate a waiting or reception area

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Evergreen Tax & Accounting Accounting Firm Starlite Tattoos Tattoo & Piercing Shop JMS Management Employment Agency Mending Minds Mental ... Crisis Center North Iowa Counseling, ... Counselor

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
$0.23 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

529
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 - C-1-zoned space includes enclosed work areas and access to shared hallway restrooms.
Where is this office unit located?
The property is located at 2307 Falls Avenue #5 Waterloo, IA.
What is the lease rate?
The lease rate is $600/Mo.
What are key features of this property?
This property features: 4,688‑square‑foot office unit; Three private offices; Space may accommodate a waiting or reception area
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