Retail Suites with Front
425 Franklin Street #101, Waterloo, IA 50703
For Lease
$16 SF/Yr
Two updated spaces offer retail or office use across from Lincoln Park in downtown Waterloo.
Space SizeContact for details
Property Size14,874 SF
Days on Market798
Property Features for 425 Franklin Street #101
General Information
Standard status
Size
Zoning
Additional Details
Space Use
Taxes and HOA fees
Annual Taxes
Amenities
large front facing windows
natural light
potential drive-thru opportunity
Building Details
Building Size
Year Built
Listing Agency:
Miehe Commercial Real Estate
Listed By:
Matt Miehe · License IA B58183000
(319) 269-6222
Source:
Mainrealty
Added: Sep 4, 2024
Changed: Nov 9
Last Checked: Nov 9 at 3:58AM
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 Miehe Commercial Real Estate
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Investment Insights
Based on property information with market context.
Two renovated suites at 425 Franklin Street are configured for retail or office use. Large windows along the front bring natural light into the spaces, and a drive-through option is noted. The building dates to 1923 and is zoned C-2.
The property sits across from Lincoln Park in downtown Waterloo. Nearby businesses and civic destinations include KWWL, Waterloo City Hall, Black Hawk County Courthouse, and Waterloo Elk's Club.
The property sits across from Lincoln Park in downtown Waterloo. Nearby businesses and civic destinations include KWWL, Waterloo City Hall, Black Hawk County Courthouse, and Waterloo Elk's Club.
Key Highlights
- Two renovated suites for retail or office use
- Large front windows provide natural light
- Potential drive‑through opportunity
Property Analytics
Who owns this building?
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
947
Businesses Nearby
17k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 52%
Dining 39%
Home Improvements & Furnishings 5%
Groceries 4%
Hardee's
Dining
6,419 visits/mo
0.3 miles
Dollar General
Shops & Services
4,963 visits/mo
0.2 miles
Cenex
Shops & Services
2,650 visits/mo
0.1 miles
Regions Bank
Shops & Services
976 visits/mo
0.2 miles
Spellers True Value
Home Improvements & Furnishings
880 visits/mo
0.3 miles
Demographics for 50703, IA
18,913
Population
8,705
Households
2.2
Avg Household Size
38
Median Age
13%
College-Educated
87%
High-School Grad
93.2 sq mi
ZIP Area
203
Density / Sq Mi
$49,412
Median Household Income
$33,105
Median Earnings
$926
Median Rent
$92,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Waterloo, IA
$20.16 /SF/Yr
Avg Asking Price
$6–$40 /SF/Yr
Price Range
15,146 SF
Avg Space Size
This space is priced 21% below the average of $20.16 /SF/Yr.
Average Price Trend$/SF/Yr for Retail space in Waterloo, IA
Properties on Market for Retail space in Waterloo
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - Two updated spaces offer retail or office use across from Lincoln Park in downtown Waterloo.
Where is this retail space located?
The property is located at 425 Franklin Street #101 Waterloo, IA.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Two renovated suites for retail or office use; Large front windows provide natural light; Potential drive‑through opportunity
