563-568-4170
Since 1960
$5,676,230.00
3423 Marnie Ave - Sale, Waterloo, IA 50701
Grow your business in one of the best locations in the Cedar Valley with these flexible business suites. Each building can be customized to hold up to 7 - 40'x80' suites (large enough to fit a semi truck & trailer hooked up) or combined into larger suite areas depending on your needs. Radiant Heat Floor Drains Sprinkler System Design work is completed. Construction can start in 2025 with a short build schedule providing a quick turn-around. Base Rent: $6.45 / sqft. or $1,720 / mo. for a 40'x80' / 3,200 sqft. unit. Buildout: customizable CAM: $2.45 Insurance: $0.90 Taxes: (estimated) $2.34 Total: $9.80 (1st year): $12.14 (thereafter) Owners will start by leasing out the units but are also open to selling the project to an investor.
MLS ID #:
NBR20251233
Property Address:
3423 Marnie Ave - Sale
Waterloo, IA 50701
Waterloo, IA 50701
County:
Black Hawk
Region:
Waterloo South 7
Location:
Industrial Park
Miles to Highway:
Highway 63
Year Built:
2025
Property Type:
Commercial Sale
Sub-Type:
Office/Industrial
Date Listed:
March 27th, 2025
Status:
Active
Price:
$5,676,230.00
Gross Taxes:
$2,878.33
Tax Year:
2023
Gross Income:
$538,647.00
Net Op Income:
$48,227,521.00
Operating Expense:
$29,440.00
Multi-Tenant:
Yes
Sale/Rent:
For Sale
For Lease:
Yes
Lease Type:
Net
Sale/Lease Type:
Investment Sale
Lease $/SqFt:
$6.45
For Sale:
Yes
Zoning:
Commercial
Legal Desc:
CEDAR VALLEY CROSSING LOT 1
Off-Street Parking:
42.00
Dock Doors:
1
Drive-In Doors:
28
Sprinkler:
Yes
Total Building Sq Ft:
44,800 sq ft
Warehouse SqFt:
44,800 sq ft
Office SqFt:
16,000 sq ft
Retail SqFt:
44,800 sq ft
Lot Sq Footage:
233,046
Acres:
5.35
Frontage/Access:
City Street, Paved 2Lane
Common Area:
Yes
Heating:
Radiant, Individual Unit
Listing provided courtesy of Pinnacle Realty.Listing Agent: Trevis Adair
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