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Updated Second-Floor Office Suite

999 Home Plaza Suite 220, Waterloo, IA 50701

For Lease
$8 SF/Yr

A flexible workplace layout includes private offices, a conference room, reception, and a kitchenette-equipped break area.

Space Size2,130 SF
Property Size36,960 SF
Days on Market1107

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
Sublease No
Private Offices 7
Meeting Rooms 1

Lease Terms

Lease Rate $8 /SF/YR
Monthly Rent $1,420
Rent per SF/Year $8

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 IA B6364900
Source: Gnbrealestate
Added: Oct 30, 2023 Changed: Nov 8 Last Checked: Nov 9 at 10:21AM

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

Rey
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Investment Insights

Based on property information with market context.

This 2,130-square-foot office suite occupies the second floor and is arranged with seven offices, a conference room, reception area, and a combined break and copy room. A 2019 update included new carpet, paint, and a refreshed break room with kitchenette. The building also provides an elevator and shared men’s and women’s restrooms, along with common break-room and kitchenette facilities.

The property is a couple of blocks from the Ansborough interchange, with access to Hwy 20. A recently paved parking lot serves employees and visitors. The building was constructed in 1979, and the stated zoning is R-3 and R-P.

Key Highlights

  • 2,130 square feet of second‑floor office space
  • Seven offices, conference room, reception area, and break/copy room
  • 2019 improvements included carpet, paint, and a break room with kitchenette

Property Analytics

Who owns this building? See the owner, sales and loan history
Open 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 Law Firm Building Supply Restaurant Hair Salon Nail Salon Spa & Massage Center

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
$1.20 /SF/Yr
CAM

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Waterloo, IA

$23.43 /SF/Yr
Avg Asking Price
$2.21–$180 /SF/Yr
Price Range
17,214 SF
Avg Space Size

This space is priced 66% below the average of $23.43 /SF/Yr.

Average Price Trend$/SF/Yr for Office Units in Waterloo, IA

$8.93 Jul
$11.95 Aug
$12.66 Sep
$24.23 Oct

Properties on Market for Office Units in Waterloo

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office unit - A flexible workplace layout includes private offices, a conference room, reception, and a kitchenette-equipped break area.
Where is this office unit 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 square feet of second‑floor office space; Seven offices, conference room, reception area, and break/copy room; 2019 improvements included carpet, paint, and a break room with kitchenette
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