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Second-Floor Class A Office Suite
For Lease
$8 SF/Yr NNN (Triple Net)

999 Home Plaza Suite 220, Waterloo, IA 50701

Class A second-floor suite with seven offices, break room kitchenette, elevator access, and newer paved parking.

Space Size2,130 SF
Property Size36,960 SF
Days on Market1018

Property Features for 999 Home Plaza Suite 220

General Information

Standard status Active
Size 2,130 SF
Net Rentable 2,130 SF
Class A
Elevators Yes
Zoning R-3, R-P
Lease Type NNN

Space & Availability

Available Space 2,130 SF
Contiguous Space 2,130 SF
Floor 2
Space Use Office
Private Offices 7
Meeting Rooms 1

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $114,095

Amenities

men's and women's restrooms
break room
kitchenette
paved parking lot

Building Details

Building Size 36,960 SF
Year Built 1979
Year Renovated 2019
Listing Agency: Lockard Realty Company
Listed By: Victoria Lockard · License #B6364900
Source: Sweeneyrealestate
Added: Oct 30, 2023 Changed: Aug 8 Last Checked: Aug 11 at 2:47PM

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 Lockard Realty Company

Investment Insights

Based on property information with market context.

Class A office space on the second floor featuring a reception area, conference room, break room/copy room, and a kitchenette. The suite includes seven offices plus common-area amenities such as men’s and women’s restrooms, a break room, a kitchenette, and an elevator. The space was completely updated in 2019 with new carpet and paint, along with a refreshed break room.

For lease with easy access to Hwy 20 via the Ansborough interchange, located only a couple blocks away. The property includes a newer paved parking lot designed to provide ample parking for both employees and visitors.

Built in 1979, the suite totals 2,130 SF and is offered under an NNN lease structure.

Key Highlights

  • 2,130 SF Class A office suite on the second floor
  • Includes seven offices plus reception area, conference room, and break room/copy room
  • Completely updated in 2019 with new carpet and paint plus break room kitchenette

Property Analytics

Current Use

Peter Rhee, MD Ophthalmologist Eslick Financial Group ... Financial Advisor Net Worth Advisors Financial Advisor LSB Mortgage Loan Service Higdon Home Loans Loan Service

Suggested Use

Top Pick Building Supply Law Firm Hair Salon Restaurant Nail Salon Pharmacy

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

Location Intelligence

Trade Area within ½ mile

224
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

$8.76 /SF/Yr
Avg Asking Price
$0.54–$24 /SF/Yr
Price Range
13,202 SF
Avg Space Size

This space is priced 9% below the average of $8.76 /SF/Yr.

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?
Office units - Class A second-floor suite with seven offices, break room kitchenette, elevator access, and newer paved parking.
Where is this office units located?
The property is located at 999 Home Plaza Suite 220 Waterloo, IA.
What is the lease rate?
The lease rate is $8 SF/Yr.
What are key features of this property?
This property features: 2,130 SF Class A office suite on the second floor; Includes seven offices plus reception area, conference room, and break room/copy room; Completely updated in 2019 with new carpet and paint plus break room kitchenette
More about this property
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