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Two-Story Office Building
For Lease
$16 SF/Yr

3015 Greyhound Drive, Waterloo, IA 50701

Separate work areas, meeting rooms, shared break spaces, and a dedicated fitness room support varied office functions.

Space SizeContact for details
Property Size7,825 SF
Days on Market187

Property Features for 3015 Greyhound Drive

General Information

Standard status Active
Size 7,825 SF
Class A
Total Parking Spaces 25
Property subtype Office

Additional Details

Space Use Office

Taxes and HOA fees

Annual Taxes $26,379

Amenities

kitchenette
shared break area
conference room with balcony
gym room
bathroom with shower

Building Details

Building Size 7,825 SF
Year Built 2010
Listing Agency: AWRE - Commercial & Development
Listed By: Phillip Shirk · License #B63101000
Source: Karensteffeshomes
Added: Apr 24 Changed: Oct 26 Last Checked: Oct 26 at 3:16PM

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 AWRE - Commercial & Development

Rey
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Investment Insights

Based on property information with market context.

This 7,825-square-foot office building was constructed in 2010 and is arranged across two levels. The main floor combines collaborative workspace with private offices and conference rooms, alongside an entry area and kitchenette with a shared break space. Upstairs, a common area opens to a large conference room and balcony; the level also includes a second kitchenette and break area, a gym, and a bathroom with a shower.

The property is located in Greenbelt Centre Business Park in Waterloo, Iowa. A parking lot provides 25 stalls.

Key Highlights

  • 7,825‑square‑foot office building completed in 2010
  • Main level has collaborative workspace, offices, and conference rooms
  • Upper level includes a conference room with balcony, kitchenette, gym, and bathroom with shower

Property Analytics

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Open Analytics

Current Use

TurnKey Associates LC General Contractor

Suggested Use

Top Pick Real Estate Agency HVAC Service Grocery & Convenience Store Parking Lot & Garage Bakery Dental Office

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
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

85
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

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 building - Separate work areas, meeting rooms, shared break spaces, and a dedicated fitness room support varied office functions.
Where is this office building located?
The property is located at 3015 Greyhound Drive Waterloo, IA.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: 7,825‑square‑foot office building completed in 2010; Main level has collaborative workspace, offices, and conference rooms; Upper level includes a conference room with balcony, kitchenette, gym, and bathroom with shower
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