• MLS® #: 20182132
  • 999 Home Plaza

  • Waterloo, IA 50701
  • $3,650,000
  • 43963 , 2.29 Acres
  • Commercial

999 Home Plaza is a 43,963-square-foot multi-tenant office building located on the corner of Ansborough Ave and San Marnan Dr, in Waterloo, Iowa. At over 95% leased, this investment opportunity is situated along the gateway to Waterloo’s growing business park. Surrounded by the newly expanded VGM corporate offices, Sunnyside Golf Course, a large residential population, and the newly constructed Kwik Star, 999 Home Plaza is perfectly positioned to capture in-town and visiting consumers alike. 999 Home Plaza is a three-story office complex that is currently 95.2 % leased. Nine tenants, the largest of which accounts for 26.5 percent of the property and has a long established leasing history. Three additional long-term tenants comprising an additional 34 percent of the square footage who have had a lease commencement date starting in 2001.These additional tenants also plan to stay long term and have leases extending through 2020. This is a rare opportunity to own an important local office asset with stable cash flows in close proximity to Crossroads Mall, Sam’s Club, Lowes, Home Depot, Menards, Furniture Row, Walmart, Hy-Vee, Barnes and Noble, Bed Bath and Beyond, Best Buy, and Target, just to name a few.

Essential Information

  • MLS® #20182132
  • Price$3,650,000
  • Square Footage43,963
  • Acres2.29
  • TypeCommercial
  • Gross Tax$114,804
  • Sub-TypeOffice
  • StatusActive

Community Information

  • Address999 Home Plaza
  • AreaBlack Hawk
  • CityWaterloo
  • StateIA
  • Zip Code50701

Additional Information

  • Date ListedApril 27th, 2018
  • Days on Market234
  • ZoningR-3, R-P

Provider

  • Agent: Victoria Lockard
  • Office: Lockard Realty Company
Need More Info?

Ashley Augustine

319-215-2113
Get a Pre-Approved Mortgage

Bill Tye

319.553.3743

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The IDX information being provided by the Northeast Iowa Regional Board of REALTORS® is exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

Listing information last updated on December 18th, 2018 at 5:22am CST.