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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

2039 Crossroads Blvd Waterloo, IA 50702

30,705 SF 3.1 ac lot Built 1994
Property ID
Property summary
AI-generated overview

This exceptional retail storefront, located at 2039 Crossroads Boulevard in Waterloo, Iowa, presents a significant leasing opportunity. The property boasts a total of 30,705 square feet across three suites within a single, one-story building situated on a generous 3.1-acre lot. Built in 1994 and extensively renovated in 2019, the building is currently zoned S-1 and offers 7,200 square feet of immediately available retail space. The property benefits from a high-traffic location directly across from the Crossroads Mall, ensuring strong visibility and ample customer access. Extensive parking is available for patrons. The previous tenant was Toys R Us, indicating a history of successful retail operations at this address. The property taxes are $2.55 per square foot. This prime location in Black Hawk County, Iowa (zip code 50702), offers an excellent chance to establish or expand a retail business. The asking lease rate is $6.95 per square foot, NNN. This property is ideal for a retailer seeking high visibility and convenient access in a thriving commercial area. The building's recent renovation ensures modern amenities and a well-maintained structure. Don't miss this opportunity to secure a prominent retail space in a high-traffic location.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1994
Total area 30,705 SF
Lot 3.1 ac (135,036 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Harbor Freight Tools Building Supply Hardware & Home Improvement
  • NuCara Long Term Pharmacy Waterloo Pharmacy
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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