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Class A Office Building
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3254 Kimball Ave, Waterloo, IA 50702

Fully occupied office property with an NNN lease to State of Iowa agencies.

Property SizeContact for details
Days on Market143

Property Features for 3254 Kimball Ave

General Information

Standard status Active
Class Class A
Property subtype Office
Occupancy 100%
Listing Agency: Miehe Commercial Real Estate
Listed By: Matt Miehe · License #B58183000
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 10:46PM

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 Class A office building is fully leased under an NNN structure to State of Iowa agencies, including the Department of Human Services, Child Support Recovery Unit, Department of Inspections, Appeals and Licensing, and Office of the State Public Defender of Iowa.

The property is positioned on Kimball Avenue in Waterloo, near restaurants, banks, gas stations, and grocery stores. Its location places the building within an established mix of everyday commercial services while maintaining a dedicated office setting.

Key Highlights

  • Class A office building at 3254 Kimball Ave, Waterloo, IA 50702
  • Fully leased to State of Iowa agencies
  • NNN lease structure

Property Analytics

Current Use

Lincoln Savings Bank ... Bank Public Defender - Adult ... Public Defender'S Office Cedar Valley Pain ... Physician chickasaw county courthouse Government Office Cedar Valley Pain ... Medical Clinic

Suggested Use

Top Pick Electrical Service Hair Salon HVAC Service Nail Salon Kitchen & Bath Showroom Grocery & Convenience 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

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

941
Businesses Nearby

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

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
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Frequently Asked Questions

What type of property is this?
Office building - Fully occupied office property with an NNN lease to State of Iowa agencies.
Where is this office building located?
The property is located at 3254 Kimball Ave Waterloo, IA.
What are key features of this property?
This property features: Class A office building at 3254 Kimball Ave, Waterloo, IA 50702; Fully leased to State of Iowa agencies; NNN lease structure
(319) 269-6222 Call to check price and availability
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