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Retail Shell Suite
For Lease
$20 SF/Yr

D-1655 E San Marnan Dr, Waterloo, IA 50701

Flexible shell space in a retail plaza with visibility, parking, and nearby national retailers.

Space Size2,800 SF
Days on Market369

Property Features for D-1655 E San Marnan Dr

General Information

Standard status Active
Size 2,800 SF
Net Rentable 2,800 SF

Space & Availability

Available Space 2,800 SF
Contiguous Space 2,800 SF
Space Use Office
Condition Shell

Site & Location

Anchor Co-Tenants UnityPoint Clinic Express, Miracle Ear, Athletico Physical Therapy, Fancy Nail & Spa, Target, Kwik Star, CVS
Highway Access Yes
Road Access Yes

Taxes and HOA fees

Annual Taxes $109,578

Building Details

Tenancy Multi
Listing Agency: AWRE-Commercial & Development
Listed By: Lindsey McEnaney · License #S70812000
Source: Exprealty
Added: Aug 20, 2025 Changed: Aug 22 Last Checked: Aug 23 at 2:55AM

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 2,800-square-foot shell suite is located within Crossing Point Plaza at D-1655 E San Marnan Dr in Waterloo. The open condition supports a future layout for retail, office, or service-oriented occupancy, allowing the interior to be configured around the selected use and tenant requirements.

The property sits along East San Marnan Drive near the I-380 / US 218 interchange, within an established retail corridor. Co-tenants include UnityPoint Clinic Express, Miracle Ear, Athletico Physical Therapy, and Fancy Nail & Spa. The center also offers ample parking and is positioned near Target, Kwik Star, and CVS, with additional national retailers in the surrounding area.

Key Highlights

  • 2,800 square feet of shell retail/office space
  • Located in Crossing Point Plaza at D‑1655 E San Marnan Dr, Waterloo, IA
  • Space can accommodate retail, office, or service‑based uses

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick HVAC Service Kitchen & Bath Showroom Electrical Service Hair Salon Nail Salon 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

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

691
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

$17.51 /SF/Yr
Avg Asking Price
$1.1–$40 /SF/Yr
Price Range
14,702 SF
Avg Space Size

This space is priced 14% above the average of $17.51 /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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Flexible shell space in a retail plaza with visibility, parking, and nearby national retailers.
Where is this retail space located?
The property is located at D-1655 E San Marnan Dr Waterloo, IA.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: 2,800 square feet of shell retail/office space; Located in Crossing Point Plaza at D‑1655 E San Marnan Dr, Waterloo, IA; Space can accommodate retail, office, or service‑based uses
More about this property
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