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Crossroads Mall Retail Redevelopment Site
For Lease
$535,000

2532 Crossroads Boulevard, Waterloo, IA 50702

2.5-acre retail site at Crossroads Mall for redevelopment.

Space SizeContact for details
Lot Size2.50 Acres
Days on Market171

Property Features for 2532 Crossroads Boulevard

General Information

Standard status Active
Lot size 2.50 Acres

Building Details

Year Built 1970
Listing Agency: Miehe Commercial Real Estate
Listed By: Matt Miehe, CCIM, Fred Miehe, Jr., SIOR, CCIM · License #B58183000
Source: Kwlegacyrealty
Added: Mar 26 Changed: Sep 8 Last Checked: Sep 11 at 11:34AM

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 Miehe Commercial Real Estate

Investment Insights

Based on property information with market context.

This 2.5-acre retail site is located at Crossroads Mall, adjacent to Marcus Theatres. The property includes a 6,714-square-foot retail banking building with a drive-thru canopy, a noticeable pole sign, and over 65,000 square feet of hard surface pavement. The site is suitable for redevelopment, and the owner is willing to make improvements based on qualified lease terms.

Key Highlights

  • Prime 2.5 Acre Retail Site at Crossroads Mall
  • Located Next to Marcus Theatres
  • High Redevelopment Potential

Property Analytics

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Current Use

Banks

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Parking Lot & Garage Storage Facility Big Box & Wholesale Store

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

Location Intelligence

Trade Area within ½ mile

489
Businesses Nearby
574k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 28% Shops & Services 19% Superstores 16% Apparel 14%
Walmart Superstores
92,036 visits/mo 0.4 miles
Hy-Vee Groceries
53,742 visits/mo 0.3 miles
Chick-fil-A Dining
46,408 visits/mo 0.4 miles
T.J. Maxx Apparel
45,474 visits/mo 0.3 miles
DICK'S Sporting Goods Apparel
27,956 visits/mo 0.3 miles

Demographics for 50702, IA

20,447
Population
9,722
Households
2.1
Avg Household Size
37
Median Age
21%
College-Educated
89%
High-School Grad
9.8 sq mi
ZIP Area
2,086
Density / Sq Mi
$59,784
Median Household Income
$38,826
Median Earnings
$926
Median Rent
$145,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

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

What type of property is this?
Bank - 2.5-acre retail site at Crossroads Mall for redevelopment.
Where is this bank located?
The property is located at 2532 Crossroads Boulevard Waterloo, IA.
What is the lease rate?
The lease rate is $535,000.
What are key features of this property?
This property features: Prime 2.5 Acre Retail Site at Crossroads Mall; Located Next to Marcus Theatres; High Redevelopment Potential
More about this property
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