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    2039 Crossroads Blvd Waterloo, IA 50702

    Sponsored
    For Lease
    $6 SF/Yr ($17,783 /Mo)

    Waterloo, IA: 7,200 SF Retail Available

    Lot size:
    30,705 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail storefront, located at 2039 Crossroads Boulevard in Waterloo, Iowa, presents a significant leasing opportunity. The property boasts a total of 30,705 square feet across three suites within a single, one-story building situated on a generous 3.1-acre lot. Built in 1994 and extensively renovated in 2019, the building is currently zoned S-1 and offers 7,200 square feet of immediately available retail space. The property benefits from a high-traffic location directly across from the Crossroads Mall, ensuring strong visibility and ample customer access. Extensive parking is available for patrons. The previous tenant was Toys R Us, indicating a history of successful retail operations at this address. The property taxes are $2.55 per square foot. This prime location in Black Hawk County, Iowa (zip code 50702), offers an excellent chance to establish or expand a retail business. The asking lease rate is $6.95 per square foot, NNN. This property is ideal for a retailer seeking high visibility and convenient access in a thriving commercial area. The building's recent renovation ensures modern amenities and a well-maintained structure. Don't miss this opportunity to secure a prominent retail space in a high-traffic location.

    Property Features for 2039 Crossroads Blvd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    30,705 SF
    Total Rate
    17783.31

    Building Details

    Year Built/Renovated
    1994/2019
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    7,200 SF
    Rate per SF
    $6

    HighLights

    • 30,705 SF retail space in three suites on a 3.1‑acre lot.
    • 7,200 SF immediately available; building recently renovated (2019).
    • High‑traffic location across from Crossroads Mall in Waterloo, IA (50702).
    • Ample parking; S‑1 zoning.
    • $6.95/SF NNN lease rate; $2.55/SF property taxes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Harbor Freight Tools Hardware Store NuCara Long Term ... Pharmacy

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Waterloo
    County
    Black Hawk
    State
    Iowa
    Longitude
    -92.3202364
    Latitude
    42.4658515

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    FAQs

    What type of property is this?
    Individual retail property - Waterloo, IA: 7,200 SF Retail Available
    Where is this individual retail property located?
    The property is located at 2039 Crossroads Blvd Waterloo, IA.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: 30,705 SF retail space in three suites on a 3.1-acre lot.; 7,200 SF immediately available; building recently renovated (2019).; High-traffic location across from Crossroads Mall in Waterloo, IA (50702).
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2039 Crossroads Blvd Waterloo, IA 50702
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