Listing Agency: EPM, Iowa r***@gmail.com Show Phone

Listed By: Leeann Sires Show Phone

Source: Exprealty

Added: Sep 16 Changed: Oct 7 Last Checked: Oct 19 at 7:16AM

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Investment Insights

Based on property information with market context.

Office space at 4-2315 Falls Ave in Waterloo, Iowa, is arranged with three private offices and room for a waiting or reception area. Bathrooms are located in the hallway and shared with other building tenants.

Key Highlights

• Three private offices
• Potential space for a waiting or reception area
• Hallway bathrooms shared with other tenants

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Law Firm Dental Office (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Grocery & Convenience Store Locksmith

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

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

456

Businesses Nearby

Explore this area Business Placement

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

$12.83 /SF/Yr

Avg Asking Price

$5.28–$20 /SF/Yr

Price Range

12,878 SF

Avg Space Size

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 unit - Office configuration includes three private rooms and space for a reception or waiting area.

Where is this office unit located?

The property is located at 4-2315 Falls Ave Waterloo, IA.

What is the lease rate?

The lease rate is $625/Mo.

What are key features of this property?

This property features: Three private offices; Potential space for a waiting or reception area; Hallway bathrooms shared with other tenants