3530 Marnie AveWaterloo, IA 50701

This exceptional 51,900-square-foot industrial building is strategically located just one block from the intersection of two major Iowa highways, offering unparalleled access and visibility. Currently occupied by a tenant with a lease expiring August 31, 2025, this property presents a compelling opportunity for both owner-occupiers and investors. The City of Waterloo approved a significant Tax Increment Financing (TIF) package in 2024, providing up to $3.6 million over 15 years. The building features pre-engineered steel construction, a metal roof, and ceilings ranging from 22 to 25 feet. A substantial 2,100-square-foot office space is included, along with essential amenities such as 3-phase electrical service, central heating and air conditioning, city water and sewer, and high-speed internet access. The property boasts six loading docks, two 16x16 overhead doors, a sprinkler system, and ample storage space. The building is easily divisible into two separate spaces of approximately 29,100 and 22,000 square feet, respectively. High traffic counts are guaranteed with Highway 20 averaging 11,700 to 13,100 vehicles daily and Highway 63 averaging 3,050 to 4,500 vehicles daily. This property is also available for lease. This is a rare opportunity to acquire a well-maintained, strategically located industrial building with significant financial incentives.