Search
Corner Retail Building with Parking
For Lease
Contact for pricing

500-1205 E San Marnan Dr, Waterloo, IA 50701

Corner retail building with upgraded façade, substantial parking, and flexible suite sizes for retailers or showrooms.

Space SizeContact for details
Days on Market628

Property Features for 500-1205 E San Marnan Dr

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $70,722
Listing Agency: GLD COMMERCIAL
Listed By: Michael Gibbs
Source: Exprealty
Added: Dec 17, 2024 Changed: Sep 5 Last Checked: Sep 5 at 9:19AM

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 GLD COMMERCIAL

Investment Insights

Based on property information with market context.

This retail building offers approximately 8,000 SF of prime retail space with frontage facing E San Marnan Dr, with parking directly in line with the front doors. The exterior façade has been upgraded, and a new parking lot was completed in 2025. In addition to the front retail component, the remaining space totals approximately 11,800 SF and can work well for a big-box retailer or a showroom configuration. The landlord is also willing to demise suites to a minimum of 1,500 SF for qualified tenants.

The property sits on a corner at E San Marnan Dr and Flammang Dr in Waterloo, IA. Tenant access is supported by ample parking across the site, designed to serve storefront customers while accommodating a larger-format operation.

For tenants seeking a presence on the main retail frontage, the built-in retail layout and parking convenience provide a straightforward customer experience. For larger users, the additional space supports flexible showroom or big-box plans, with the option to lease the entire property and access available rental incentives. Contact the listing agent for more details on suite availability and incentive terms.

Key Highlights

  • Corner retail building in Waterloo at E San Marnan & Flammang Dr with upgraded exterior façade
  • 2025 new parking lot plus ample parking across the entire site, with parking directly in line with the front doors
  • Building totals 19,800 SF, including approx. 8,000 SF of prime retail space facing E San Marnan

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick HVAC Service Kitchen & Bath Showroom Electrical Service Hair Salon Nail Salon Grocery & Convenience Store

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

691
Businesses Nearby
252k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 32% Dining 31% Shops & Services 28% Groceries 8%
Sam's Club Superstores
79,678 visits/mo 0.5 miles
Culver's Dining
25,660 visits/mo 0.4 miles
Sam's Club Gas Station Shops & Services
22,821 visits/mo 0.4 miles
McDonald's Dining
22,637 visits/mo 0.1 miles
Fareway Groceries
19,719 visits/mo 0.0 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

$20.48 /SF/Yr
Avg Asking Price
$1.1–$40 /SF/Yr
Price Range
12,781 SF
Avg Space Size

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - Corner retail building with upgraded façade, substantial parking, and flexible suite sizes for retailers or showrooms.
Where is this retail space located?
The property is located at 500-1205 E San Marnan Dr Waterloo, IA.
What are key features of this property?
This property features: Corner retail building in Waterloo at E San Marnan & Flammang Dr with upgraded exterior façade; 2025 new parking lot plus ample parking across the entire site, with parking directly in line with the front doors; Building totals 19,800 SF, including approx. 8,000 SF of prime retail space facing E San Marnan
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message