Available For Sale - Retail

5,008 SF | Show Pricing $

AVAILABILITY DETAILS

Size
5,008 SF
Price/SF
Show Pricing $
Listing ID
SA423091
Notes
Client just authorized aggressive pricing for a quick sale. The former Perkins restaurant (or large developer site) makes for an excellent value in the Iowa community in Waterloo. The opportunity is in a highly populated area surrounded by dense residential areas with excellent visibility along a major thoroughfare with strong traffic counts. Located in close proximity to many national retailers and just over 2 miles from the College Square Mall, which is also located along University Avenue. The building features over 5,000 SF on over 1.4 acres with signage and a large parking lot. Tons of potential here; this could be an easy plug and play opportunity for a new restaurant operator or outright redevelopment.



Waterloo is part of the Waterloo – Cedar Falls Metropolitan Statistical Area with a population of about 170K. According to the city of Waterloo, the city is a hub for healthcare, education, employment in the region with a labor force of over 300,000. Waterloo is home to three colleges, three major health systems and major brands with locations in Waterloo include John Deere, Tyson Foods, ConAgra Grocer Products, Ryder Integrated Logistics, Bertch Cabinets, and Omega – MasterBrand Cabinets. There are several museums in Waterloo including the John Deere Tractor and Engine Museum and is home to Lost Island, rated the #2 best water park in the country by USA Today.



Listed in conjunction with Iowa real estate broker David B Zacharia, license B64850000.
Uses
Retail

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Brian Brisky, Brisky Net Lease