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Retail Space in New Construction Center

2401 SW 4th Street, Waverly, IA 50677

For Lease
$21 SF/Yr CAM $6.50 /USD/SF/YR

Raw-shell space in a 2019-built retail and office center can be configured through tenant buildout.

Space Size1,200 SF
Property Size5,400 SF
Days on Market944

Property Features for 2401 SW 4th Street

General Information

Standard status Active
Size 1,200 SF
Net Rentable 1,200 SF
Zoning C
Lease Type NNN

Space & Availability

Available Space 1,200 SF
Contiguous Space 1,200 SF

Additional Details

CAM $6.50 /SF/YR
Anchor Co-Tenants Verizon, Handy Laundry

Taxes and HOA fees

Annual Taxes $35,926

Building Details

Building Size 5,400 SF
Year Built 2019
Tenancy Multi
Listing Agency: Fischels Commercial Group
Listed By: Chris Fischels · License IA B44779000
Source: Gnbrealestate
Added: Apr 10, 2024 Changed: Nov 8 Last Checked: Nov 9 at 7:48AM

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

Rey
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Investment Insights

Based on property information with market context.

This 1,200-square-foot retail space is offered in raw-shell condition for a tenant buildout. The suite is part of a retail and office center constructed in 2019, with C zoning. Verizon and Handy Laundry are identified as prominent tenants in the center.

The property is located at 2401 SW 4th Street in Waverly, Iowa. On-site parking and signage are available.

Key Highlights

  • 1,200 square feet of raw‑shell retail space
  • Located in a 2019‑built retail and office center
  • Verizon and Handy Laundry are prominent center tenants

Property Analytics

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

Current Use

Retail space

Suggested Use

Top Pick Dental Office Hair Salon Garden Center Building Supply Locksmith Electrical Service

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
NNN (Triple Net)
Lease Type
$3.15 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

146
Businesses Nearby

Demographics for 50677, IA

12,789
Population
5,053
Households
2.5
Avg Household Size
37
Median Age
41%
College-Educated
95%
High-School Grad
128.6 sq mi
ZIP Area
99
Density / Sq Mi
$82,950
Median Household Income
$39,065
Median Earnings
$880
Median Rent
$221,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Waverly, IA

$15.75 /SF/Yr
Avg Asking Price
$15–$16 /SF/Yr
Price Range
4,133 SF
Avg Space Size

This space is priced 33% above the average of $15.75 /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

Frequently Asked Questions

What type of property is this?
Retail space - Raw-shell space in a 2019-built retail and office center can be configured through tenant buildout.
Where is this retail space located?
The property is located at 2401 SW 4th Street Waverly, IA.
What is the lease rate?
The lease rate is $21 SF/Yr.
What are key features of this property?
This property features: 1,200 square feet of raw‑shell retail space; Located in a 2019‑built retail and office center; Verizon and Handy Laundry are prominent center tenants
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