Two-Story Corporate Office
For Lease
Contact for pricing
Pending
3451 Hammond Ave, Waterloo, IA 50702
Two-story former corporate office facility on 18.58 acres with campus flexibility for a range of end users.
Space Size155,000 SF
Lot Size18.58 Acres
Days on Market198
Property Features for 3451 Hammond Ave
General Information
Standard status
Pending
Size
155,000 SF
Class
A
Lot size
18.58 Acres
Property subtype
OFFICE
Lease Type
NNN
Additional Details
Highway Access
Yes
Building Details
Stories
2
Spaces For Lease
at 3451 Hammond Ave Contact us- Floor
- 1-2
- Size
- 155,000 SF
- Type
- OFFICE
- Lease Type
- NNN
- Availability
- PENDING, Now
- Sublease
- No
Office Complex & Development Opportunity for Lease or Sale $9/SF/Yr
The property at 3415 Hammond Avenue in Waterloo, Iowa, offers a rare opportunity...
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Listing Agency:
CBRE
(515) 224-4900
Listed By:
Mike Macri III
(515) 229-2313
Source:
Moodyscre
Added: Feb 27
Changed: Sep 9
Last Checked: Sep 12 at 11:18AM
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.
The property at 3451 Hammond Ave in Waterloo, Iowa consists of a two-story, former Class A corporate office campus totaling 155,000 square feet on 18.58 acres. The facility is currently underutilized and offers flexibility for a wide range of end users, including corporate office occupiers, educational institutions, or large-scale conversion by residential developers.
The site is located with immediate proximity to the San Marnan retail corridor, and the nearby The BLVD at Crossroads redevelopment (formerly the Crossroads Mall site). The property also benefits from connectivity to Highway 20 and Interstate 380 for efficient movement of employees and visitors.
As a larger campus-style office building, it can accommodate organizations looking for substantial space within a single multi-building setting.
The site is located with immediate proximity to the San Marnan retail corridor, and the nearby The BLVD at Crossroads redevelopment (formerly the Crossroads Mall site). The property also benefits from connectivity to Highway 20 and Interstate 380 for efficient movement of employees and visitors.
As a larger campus-style office building, it can accommodate organizations looking for substantial space within a single multi-building setting.
Key Highlights
- 155,000 SF, two‑story former Class A corporate office facility
- Set on 18.58 acres with a campus‑style layout for flexible re‑use
- End‑user flexibility noted for corporate office, educational institutions, or residential conversion
Property Analytics
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Current Use
Lease Details
Yes
Highway access
NNN (Triple Net)
Lease Type
$1.35 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
872
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office building - Two-story former corporate office facility on 18.58 acres with campus flexibility for a range of end users.
Where is this office building located?
The property is located at 3451 Hammond Ave Waterloo, IA.
What is the lease rate?
The lease rate is $9 SF/Yr.
What are key features of this property?
This property features: 155,000 SF, two‑story former Class A corporate office facility; Set on 18.58 acres with a campus‑style layout for flexible re‑use; End‑user flexibility noted for corporate office, educational institutions, or residential conversion
