57 E Tower Park Dr Waterloo, IA 50701
For Lease
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This exceptional 2,295 square foot single-tenant office space is available for lease at $30 per square foot, NNN. Located at 57 E Tower Park Dr., this property boasts a highly desirable location with exceptional visibility and high traffic volume. Built in 1997, the single-story building sits on a 0.61-acre lot and is zoned C-2. The space features three individual offices, a convenient breakroom, and an attractive lobby area. A significant advantage is the inclusion of a 1,008 square foot canopy area, perfectly suited for drive-through lanes. The previous tenant was a bank, making this space ideally suited for a similar financial institution or a business requiring a similar layout. The property offers a rare opportunity to secure a well-positioned, versatile office space in a high-demand area. No elevators are present in this single-story building. The property is suitable for traditional, executive, or creative office uses. This is a single-tenant occupancy. The building's total square footage is 2,295 square feet, and the entire space is currently vacant.
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Shazam Atm Atm
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
Similar Nearby for Sale
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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
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