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Private-Office Suite
New
For Lease
$625/Mo

2315 Falls Ave, Waterloo, IA 50701

Three enclosed offices with room for a reception or waiting area and shared hallway restrooms.

Space SizeContact for details
Days on Market2

Property Features for 2315 Falls Ave

General Information

Standard status Active

Space & Availability

Space Use Office
Private Offices 3

Additional Details

Utilities to Site Yes

Amenities

shared bathroom

Building Details

Year Built 1972
Tenancy Multi
Listing Agency: EPM, Iowa
Listed By: Leeann Sires
Source: Kwlegacyrealty
Added: Sep 21 Last Checked: Sep 22 at 6:41PM

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

Investment Insights

Based on property information with market context.

This office unit includes three enclosed offices within a 12,500-square-foot commercial building. The layout also provides room for a waiting area or reception function, while restrooms are located in the hallway and shared by occupants of the building.

Constructed in 1972, the property is located at 2315 Falls Ave in Waterloo, Iowa. The available configuration offers a straightforward setup for an office user seeking multiple private workrooms with common restroom access.

Key Highlights

  • Three private offices within the available unit
  • Potential waiting room or reception area
  • Shared hallway bathrooms serve building occupants

Property Analytics

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Current Use

Michael & Associates Insurance Agency Amani Community Services Charitable Organization Hickory Tax Services ... Tax Preparation Security Tax Services/Shirley ... Tax Preparation G & I Tax ... Tax Preparation

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

Multi-tenant
Tenancy
Yes
Utilities to site
NNN (Triple Net)
Lease Type

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
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Market

Lease Benchmarks for Waterloo, IA

$12.66 /SF/Yr
Avg Asking Price
$5.28–$20 /SF/Yr
Price Range
13,757 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Office units - Three enclosed offices with room for a reception or waiting area and shared hallway restrooms.
Where is this office units located?
The property is located at 2315 Falls Ave Waterloo, IA.
What is the lease rate?
The lease rate is $625/Mo.
What are key features of this property?
This property features: Three private offices within the available unit; Potential waiting room or reception area; Shared hallway bathrooms serve building occupants
More about this property
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