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Property profile

3563 University Ave Waterloo, IA 50701

OFF-MARKET
Office Spaces
80,000 SF Built 1966
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Property summary

AI-generated overview

This exceptional 19,200-square-foot executive office space, located at 3563 University Ave in Waterloo, Iowa, presents a unique opportunity. Situated on a 7.28-acre lot, this Class C building, constructed in 1966, offers ample parking. The property boasts a total of 80,000 square feet, currently configured as a single suite with the 19,200 square feet available for lease. Previously utilized by Upper Iowa University as training and classroom space, the layout includes twelve classrooms, dedicated office areas, a break room, and restrooms. The property's location in Black Hawk County, with easy access via University Avenue, provides excellent visibility and convenience. This versatile space is ideal for a variety of businesses seeking a substantial footprint in a well-established Waterloo location. The multiple tenancy structure allows for flexibility in lease terms and configurations. The property's size and existing infrastructure offer significant potential for customization to meet specific business needs. This is a rare opportunity to acquire a substantial and well-located office space in Waterloo, Iowa. Contact us today to schedule a viewing and explore the possibilities.

Property profile

Verified
Property type Office Spaces
Year built 1966
Total area 80,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3563 University Ave Waterloo, IA 50701
Waterloo metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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