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Medical Office Space with Exam Rooms
For Lease
$15 SF/Yr

945 Tower Park, Waterloo, IA 50701

Medical office layout includes private offices, exam rooms, and a dedicated waiting and reception area.

Space SizeContact for details
Property Size12,493 SF
Lot Size2.48 Acres
Days on Market147

Property Features for 945 Tower Park

General Information

Standard status Active
Size 12,493 SF
Class A
Lot size 2.48 Acres
Zoning C-P

Space & Availability

Divisible Yes
Space Use Medical Office
Condition Turnkey

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $74,148

Building Details

Building Size 12,493 SF
Year Built 2011
Listing Agency: AWRE - Commercial & Development
Listed By: Phillip Shirk · License #B63101000
Source: Sweeneyrealestate
Added: Apr 7 Changed: Aug 29 Last Checked: Aug 30 at 5:36PM

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 AWRE - Commercial & Development

Investment Insights

Based on property information with market context.

This medical office property offers 12493 square feet within a building constructed in 2011. The interior includes private offices, exam rooms, and a dedicated waiting and reception area, creating a layout suited to medical operations and professional office use. The space can support either one occupant or a multi-tenant arrangement, with subdivision into two- or three-suite configurations for qualified users.

The building occupies approximately 2.48 acres in a professionally maintained business park at 945 Tower Park in Waterloo. Highway 20 is immediately nearby, providing regional access to the property. On-site parking serves both staff and patients, while C-P zoning supports the property's established office setting.

Key Highlights

  • 12493‑square‑foot medical office building constructed in 2011
  • Approximately 2.48‑acre property at 945 Tower Park, Waterloo, IA 50701
  • Interior includes private offices, exam rooms, and a dedicated waiting/reception area

Property Analytics

Current Use

Calderwood Laura V ... Physician Dr. Steven A. Erickson Pediatrician Adrian Burton R ... Physician va clinic Corporate Office Jampoler Jennifer S Medical Clinic

Suggested Use

Top Pick Restaurant Building Supply Auto Repair Shop Big Box & Wholesale Store Law Firm Auto Parts 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

Yes
Highway access
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

255
Businesses Nearby
Balanced
Demand for This Use

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

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
Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Medical office layout includes private offices, exam rooms, and a dedicated waiting and reception area.
Where is this medical office space located?
The property is located at 945 Tower Park Waterloo, IA.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: 12493‑square‑foot medical office building constructed in 2011; Approximately 2.48‑acre property at 945 Tower Park, Waterloo, IA 50701; Interior includes private offices, exam rooms, and a dedicated waiting/reception area
More about this property
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