End-Cap Retail
For Lease
$16 SF/Yr CAM $5.50 /USD/SF/YR
3821 University Avenue, Waterloo, IA 50701
C-2-zoned suite with prior restaurant use and immediate occupancy along University Avenue.
Space Size2,200 SF
Property Size6,080 SF
Days on Market952
Property Features for 3821 University Avenue
General Information
Standard status
Active
Size
2,200 SF
Net Rentable
2,200 SF
Zoning
C-2
Lease Type
NNN
Space & Availability
Available Space
2,200 SF
Contiguous Space
2,200 SF
Available From
Immediate
Additional Details
CAM
$5.50 /USD/SF/YR
End Cap
Yes
Taxes and HOA fees
Annual Taxes
$24,604
Building Details
Building Size
6,080 SF
Year Built
1985
Tenancy
Multi
Listing Agency:
Fischels Commercial Group
(319) 269-6222
Listed By:
Matt Miehe, CCIM · License #B58183000
(319) 269-6222
Source:
Sweeneyrealestate
Added: Jan 3, 2024
Changed: Aug 11
Last Checked: Aug 11 at 7:20AM
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 Fischels Commercial Group
Investment Insights
Based on property information with market context.
This 2,200-square-foot end-cap retail suite is available for immediate occupancy in Progress Plaza. The space previously operated as a national restaurant franchise, providing a commercial layout suited to retail or restaurant operations. Built in 1985, the property carries C-2 zoning.
Progress Plaza is positioned along University Avenue in Waterloo, with neighboring businesses including Jimmy John's, Manpower, Great Clips, Modern Nails and Spa, and Clean Laundry. The suite benefits from its end-cap placement within a multi-tenant commercial center and offers a visible storefront setting for an incoming occupant.
Progress Plaza is positioned along University Avenue in Waterloo, with neighboring businesses including Jimmy John's, Manpower, Great Clips, Modern Nails and Spa, and Clean Laundry. The suite benefits from its end-cap placement within a multi-tenant commercial center and offers a visible storefront setting for an incoming occupant.
Key Highlights
- 2,200 SF end‑cap retail suite
- C‑2 zoning supports commercial retail use
- Available for immediate occupancy
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
311
Businesses Nearby
12k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 75%
Dining 25%
Courtyard Waterloo Cedar Falls
Hotels & Casinos
9,215 visits/mo
0.4 miles
Jimmy John's
Dining
3,132 visits/mo
0.5 miles
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
Market
Lease Benchmarks for Waterloo, IA
$15.8 /SF/Yr
Avg Asking Price
$1.1–$40 /SF/Yr
Price Range
11,501 SF
Avg Space Size
This space is priced 1% above the average of $15.8 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - C-2-zoned suite with prior restaurant use and immediate occupancy along University Avenue.
Where is this retail space located?
The property is located at 3821 University Avenue Waterloo, IA.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: 2,200 SF end‑cap retail suite; C‑2 zoning supports commercial retail use; Available for immediate occupancy
