2535 Midport BlvdWaterloo, IA 50703

For Sale
$1,200,000

High-yield warehouse with long-term lease.

Overview

Added:
Feb 3
Days on market:
39
This exceptional commercial investment opportunity in Waterloo, IA, presents a substantial 11,880 square foot warehouse situated on a generous 5.35-acre lot at 2535 Midport Boulevard. The property boasts 30 dock doors, providing ample loading and unloading capacity, and enjoys a highly convenient location just off Airline Highway. The warehouse itself comprises 10,530 square feet of versatile space, complemented by an additional 1,350 square feet of dedicated office space. This well-maintained facility is currently under lease, providing a secure and consistent income stream through December 31, 2028. The estimated Net, Net, Net (NNN) expenses are $4.05 per square foot. Detailed financial information, including lease terms and income projections, is available upon request, allowing potential investors to thoroughly assess the property's strong return potential. This property represents a rare opportunity to acquire a well-located, income-producing asset with significant long-term growth prospects in a thriving commercial area. The expansive lot size also offers potential for future expansion or development, adding further value to this compelling investment. Don't miss this chance to secure a prime piece of Waterloo commercial real estate.

Property Details for 2535 Midport Blvd

Property type
Other commercial real estate
Square Feet
11,880 SF
Year Built
2011
Lot Size (sq. ft)
233,046 SF

Location Insight

City
Waterloo
County
Black Hawk
State
Iowa
Latitude
42.54262
Longitude
-92.3824
2535 Midport Blvd, Waterloo, Iowa

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2535 Midport Blvd
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