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Office Suite with Three Private Offices

4-2327 Falls Ave, Waterloo, IA 50701

For Lease
$625/Mo

Office space includes three private offices with shared hallway bathrooms and a flat $50/month utility rate.

Space SizeContact for details
Days on Market162

Property Features for 4-2327 Falls Ave

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $5,125

Building Details

Tenancy Multi
Listing Agency: EPM, Iowa
Listed By: Leeann Sires
Source: Exprealty
Added: Jun 2 Changed: Oct 25 Last Checked: Nov 8 at 8:43AM

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 EPM, Iowa

Rey
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Investment Insights

Based on property information with market context.

Office space is available with three private offices and potential for a waiting room or reception area. Shared bathrooms are located in the hallway and serve tenants in the building.

Utilities are billed at a flat rate of $50 per month.

The layout is well-suited for professional use requiring multiple offices and an area that can function as client-facing reception space.

Key Highlights

  • Office space includes three private offices
  • Potential for a waiting room/reception area
  • Shared bathrooms located in the hallway

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

456
Businesses Nearby

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

$23.43 /SF/Yr
Avg Asking Price
$2.21–$180 /SF/Yr
Price Range
17,214 SF
Avg Space Size

Average Price Trend$/SF/Yr for Office Units in Waterloo, IA

$8.93 Jul
$11.95 Aug
$12.66 Sep
$24.23 Oct

Properties on Market for Office Units in Waterloo

Jul
Aug
Sep
Oct

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?
Office unit - Office space includes three private offices with shared hallway bathrooms and a flat $50/month utility rate.
Where is this office unit located?
The property is located at 4-2327 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: Office space includes three private offices; Potential for a waiting room/reception area; Shared bathrooms located in the hallway
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