1311 4Th St SW Waverly, IA 50677
For Lease
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Village Square, located at 1311 4th St SW in Waverly, Iowa, presents a unique opportunity for retail businesses seeking a prominent location in Bremer County. This Class A retail center boasts a total of 5,400 square feet, currently entirely vacant and available for lease. The property sits on a generous 1.25-acre lot, offering ample space and visibility. The flexible layout allows for multiple tenancy options, with spaces ranging from a minimum of 1,200 square feet to a maximum contiguous space of 4,200 square feet. Ideal for a variety of commercial uses, including restaurants, this property is perfectly situated to capitalize on the thriving Waverly market. The building's excellent condition and prime location ensure high visibility and accessibility for customers. With its strategic location and versatile space options, Village Square offers an exceptional opportunity for businesses seeking to establish or expand their presence in a vibrant community. The property is zoned for commercial use and is ready for immediate occupancy. Interested parties are encouraged to inquire about lease terms and availability. The zip code is 50677. The property is classified as a commercial retail space with multiple tenancy options.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
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.