Former Class A Office
3451 Hammond Avenue Waterloo, IA 50702
155,000 SF office building on 18.58 acres for lease.
Type:Office
Property size:
155,000 SFLot size:
18.58 Acres- Added:
- Mar 25, 2026
- Days on Market:
- 108
- Last Refresh:
- Jun 30 at 12:41 am
Property Features for 3451 Hammond Avenue
General Information
- Standard status
- Active
- Size
- 155,000 SF
- Lot size
- 18.58 Acres
- Property subtype
- Office
Listing office CBRE (515) 415-6120
Listing date Mar 25, 2026
Source Cbre
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 CBRE
Investment Insights
Based on property information with market context.
Located at 3415 Hammond Avenue in Waterloo, Iowa, this property presents a unique opportunity to lease or reposition a 155,000 SF former Class A corporate office facility. The building is situated on 18.58 acres within the Waterloo–Cedar Valley market. Currently underutilized, this two-story campus offers flexibility for various end users, including corporate office occupiers, educational institutions, or residential developers interested in large-scale conversion opportunities. The site benefits from its proximity to the San Marnan retail corridor and The BLVD at Crossroads redevelopment, formerly the Crossroads Mall site. This location allows future tenants to leverage regional amenities, including retail, dining, entertainment, and civic offerings. The property also provides connectivity to Highway 20 and Interstate 380. The property includes multiple back-up power generation systems, an on-site cafeteria for staff, on-site data center operations, an existing office floor plan, and a fitness center with locker rooms. There is also potential for redevelopment of excess land.
Key Highlights
- Large 155,000 SF former Class A corporate office facility on 18.58 acres.
- Significant flexibility for various uses: corporate office, educational, or residential redevelopment.
- Excellent connectivity to Highway 20 and Interstate 380.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Boehmler Jane
Insurance Agency
Similar For Rent Nearby
FAQs
What type of property is this?
Office building - 155,000 SF office building on 18.58 acres for lease.
Where is this office building located?
The property is located at 3451 Hammond Avenue Waterloo, IA.
What is the lease rate?
The lease rate is $3,500,000.
What are key features of this property?
This property features: Large 155,000 SF former Class A corporate office facility on 18.58 acres.; Significant flexibility for various uses: corporate office, educational, or residential redevelopment.; Excellent connectivity to Highway 20 and Interstate 380.
