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Medical Office Suite with Private Offices
New
For Lease
$13 SF/Yr

346 E Ridgeway Ave, Waterloo, IA 50702

A conference room and flexible area for a waiting room complement the suite’s private offices.

Space Size2,198 SF
Days on Market5

Property Features for 346 E Ridgeway Ave

General Information

Standard status Active
Size 2,198 SF
Net Rentable 2,198 SF

Space & Availability

Available Space 2,198 SF
Contiguous Space 2,198 SF
Space Use Office
Private Offices 6
Meeting Rooms 1

Additional Details

Traffic Count 9,600 vehicles/day

Taxes and HOA fees

Annual Taxes $14,389

Amenities

6 private offices
conference room
Listing Agency: AWRE-Commercial & Development
Listed By: Phillip Shirk · License #B63101000
Source: Exprealty
Added: Oct 23 Changed: Oct 26 Last Checked: Oct 26 at 3:46PM

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 AWRE-Commercial & Development

Rey
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Investment Insights

Based on property information with market context.

This 2,198-square-foot medical office suite has six private offices and a conference room, with additional space that can accommodate a waiting area. The layout is suited to office or medical use.

The property is on E Ridgeway Avenue in Waterloo, with reported traffic of 9,600 vehicles per day. Waterloo West High School, Mercy One, and multiple restaurants are nearby.

Key Highlights

  • 2,198 square feet of office space
  • Six private offices and a conference room
  • Space available for a waiting area

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

R C Management Property Management Company Zeerax (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Hair Salon Electrical Service HVAC Service Kitchen & Bath Showroom Nail Salon Gym & Fitness Center

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

9,600 VPD
Traffic count
NNN (Triple Net)
Lease Type
$1.95 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

890
Businesses Nearby
Under-served
Demand for This Use

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
View Realmo Analytics

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?
Medical Office Space - A conference room and flexible area for a waiting room complement the suite’s private offices.
Where is this medical office space located?
The property is located at 346 E Ridgeway Ave Waterloo, IA.
What is the lease rate?
The lease rate is $13 SF/Yr.
What are key features of this property?
This property features: 2,198 square feet of office space; Six private offices and a conference room; Space available for a waiting area
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