3563 University Ave, Waterloo, IA 50701
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.