Shopping Center

Waterloo, IA Shopping Centers for Lease

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Retail Shell Suite in Plaza
Updated: Jul 21
Retail Shell Suite in Plaza

2060 Sovia Dr, Waterloo, IA 50702

$20 SF/Yr
82,449 sqft
1,800 SF shell retail suite in Crossing Point Plaza in Waterloo
Build‑out can be configured for retail, office, or service‑based uses
Located on East San Marnan Drive near the I‑380 / US 218 interchange
Estimated NNN expenses: $5.22/SF
Tenant Improvement Allowance (TIA) available with qualified tenants and terms
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Shopping Center Suite with Private Restrooms
Updated: Nov 6, 2025
Shopping Center Suite with Private Restrooms

A-2027 Crossroads Blvd, Waterloo, IA 50702

$20 SF/Yr
Suite A offers 3,000 SF with private restrooms and storage
Landlord can demise Suite A into two 1,500 SF suites
Six months of free base rent available for qualified tenants
Minimum five‑year lease required for free base rent
San Marnan Drive visibility with about 20,600 VPD
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Retail Showroom Space
Retail Showroom Space

1407 Flammang Drive, Waterloo, IA 50702

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Former Joann Fabrics site on a primary retail corridor in Waterloo with strong daily traffic and convenient access.

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Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 3 Active listings in Waterloo, IA, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 5 Properties for Sales.

Shopping centers for Lease in Nearby Cities

Here are 4 Similar Spaces we found in Nearby Locations for your consideration.

New Retail Shopping Center
New Retail Shopping Center

703 Brandilynn Boulevard, Cedar Falls, IA 50613

$30 SF/Yr
8,409 sqft

Completed in 2025 with Tropical Smoothie Cafe, Monarcas Modern Mexican Kitchen, and Your Tanning Bar as named anchors.

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Commercial Land in Retail Power Center
Commercial Land in Retail Power Center

3990 Blairs Ferry Road Lot 3, Hiawatha, IA 52233

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Lot 7 is positioned at the Edgewood Road NE and Blairs Ferry Road intersection within a planned retail center.

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New Retail Shopping Center
New Retail Shopping Center

400 W Ridgeway Ave, Cedar Falls, IA 50613

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Newly developed center offers anchor, junior-anchor, small-shop, and outlot opportunities.

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Retail Power Center on Major Intersection
Retail Power Center on Major Intersection

1940 Blairs Ferry Rd, Hiawatha, IA 52233

$12 SF/Yr
2,112 sqft 18.00 AC lot

Master-planned retail power center with strong intersection visibility and convenient access to I-380 and Hwy 100/Collins Road extension.

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Similar Spaces for Sale in Waterloo, IA

Consider Similar Space for Sale. We found 5 Spaces matching your search parameters.

Multi-Tenant Shopping Center
Multi-Tenant Shopping Center

106 Brookeridge Drive, Waterloo, IA 50702

$999,000
0.91 AC lot

Fully leased retail center with UPS and restaurant tenancy in an established commercial corridor.

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Crossroads Mall Retail Opportunity
Crossroads Mall Retail Opportunity

2060 Crossroads Blvd, Waterloo, IA 50702

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147,663 sqft

Retail property located at Crossroads Mall in Waterloo, Iowa.

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In-line Retail Suite with Signage
In-line Retail Suite with Signage

2775 Crossroads Boulevard, Waterloo, IA 50701

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2,202 sqft

Highly visible in-line retail suite in an anchored shopping center with national-brand neighbors and prominent signage opportunities.

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Retail Shell Suite in Plaza
Retail Shell Suite in Plaza

2060 Sovia Drive, Waterloo, IA 50702

Contact for pricing
3,770 sqft

Flexible shell space in a busy retail plaza off the I-380/US 218 interchange with strong area co-tenants.

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Wide-Open Retail Suite
Wide-Open Retail Suite

3626 Kimball Avenue, Waterloo, IA 50702

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1,200 sqft

1,200 SF retail suite in a well-maintained strip center adjacent to a McDonald’s.

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Waterloo, IA Shopping centers Lease Rates & Market Statistics

Explore 3 Shopping centers for lease in Waterloo, IA on Realmo, a commercial real estate exchange covering the Waterloo area. The current inventory totals 82,449 square feet of properties.

Shopping centers lease rates in Waterloo range from $20 SF/Yr at the entry level to $20 SF/Yr at the top of the market, averaging $20 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $20 SF/Yr, the local average runs 26% above Iowa's state average of $15.87 SF/Yr.

Waterloo accounts for 50% of the 6 shopping centers currently available across Black Hawk County, where a nearby market includes Cedar Falls. Shopping centers are one of the more limited space types in Waterloo, with just 3 listings currently available — a scarcity worth factoring into lease negotiations. Tenants comparing options may also consider Storefront properties (19 listings) and Showrooms (18 listings) elsewhere in the Waterloo market.

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