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Office Unit With Private Offices

B-203 E Tower Park Dr, Waterloo, IA 50701

For Lease
$14 SF/Yr

The suite features a lobby, reception area, signage opportunities, and access to a large parking area.

Space SizeContact for details
Days on Market442

Property Features for B-203 E Tower Park Dr

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $50,685
Listing Agency: Fischels Commercial Group
Listed By: Chris Fischels · License IA B44779000
Source: Exprealty
Added: Aug 26, 2025 Changed: Nov 9 Last Checked: Nov 8 at 11:18AM

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 Fischels Commercial Group

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Investment Insights

Based on property information with market context.

This 1,470-square-foot office unit provides a defined arrival area with an entrance, lobby, and reception space. The layout also includes multiple private offices, offering a combination of shared and enclosed work areas within the suite.

The property is positioned just off San Marnan Dr. in Waterloo, Iowa, with signage opportunities and a large parking area serving the site. The address is B-203 E Tower Park Dr.

Key Highlights

  • 1,470‑square‑foot office unit
  • Entrance, lobby, and reception area
  • Multiple private offices within the suite

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Restaurant Hair Salon HVAC Service Nail Salon Electrical Service 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
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,103
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

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

This space is priced 40% 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 - The suite features a lobby, reception area, signage opportunities, and access to a large parking area.
Where is this office unit located?
The property is located at B-203 E Tower Park Dr Waterloo, IA.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: 1,470‑square‑foot office unit; Entrance, lobby, and reception area; Multiple private offices within the suite
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