Freestanding Medical Office
For Lease
$24 SF/Yr
236 National Drive, Waterloo, IA 50701
Updated single-tenant space includes a main-level clinic area and basement storage, with availability beginning June 2027.
Space Size6,074 SF
Days on Market106
Property Features for 236 National Drive
General Information
Standard status
Active
Size
6,074 SF
Net Rentable
6,074 SF
Property subtype
Office
Space & Availability
Available Space
6,074 SF
Contiguous Space
6,074 SF
Space Use
Medical Office
Condition
Turnkey
Available From
2027-06
Taxes and HOA fees
Annual Taxes
$22,626
Building Details
Building Size
6,074 SF
Year Built
1979
Tenancy
Single
Listing Agency:
Fischels Commercial Group
Listed By:
Chris Fischels · License #B44779000
(319) 830-5000
Source:
Karensteffeshomes
Added: Jul 14
Changed: Oct 26
Last Checked: Oct 26 at 4:06PM
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
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Investment Insights
Based on property information with market context.
This freestanding medical office building offers 4,820 square feet on the main level and an additional 1,254 square feet of basement storage, for 6,074 square feet in total. Built in 1979, the updated property is configured for a single tenant and is available beginning June 2027.
A dedicated private parking lot serves the building. Its street frontage also provides an opportunity for property signage. The address is 236 National Drive in Waterloo, Iowa.
A dedicated private parking lot serves the building. Its street frontage also provides an opportunity for property signage. The address is 236 National Drive in Waterloo, Iowa.
Key Highlights
- 6,074 square feet total, including 4,820 square feet on the main level and 1,254 square feet of basement storage
- Freestanding, single‑tenant medical office building
- Updated property built in 1979
Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
NNN (Triple Net)
Lease Type
$3.60 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
602
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Medical Office Space - Updated single-tenant space includes a main-level clinic area and basement storage, with availability beginning June 2027.
Where is this medical office space located?
The property is located at 236 National Drive Waterloo, IA.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: 6,074 square feet total, including 4,820 square feet on the main level and 1,254 square feet of basement storage; Freestanding, single‑tenant medical office building; Updated property built in 1979
