1314 Franklin St | Waterloo, IA 50703
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
1314 Franklin St
Waterloo, IA 50703
Advance Auto Parts | Recent Renewal · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Advance Auto Parts with Over 4.5 Years Remaining in Waterloo, IA
- 2000 Build-to-Suit with Original 10- Year Lease | Over 20-Year History at Site | AAP Accepted Three Long- Term Renewals Since Original Commencement
- Dense Infill & Middle-Income Location | Demographics Cater Extremely Well to Tenant | 9,371 Residents within 1-Miles & 53,030 Residents within 3-Miles
- Recently Extended Lease for 5-Years thru December 2025 Showing Strong Success & Commitment to Site
- Significant 11% Rent Bump in Next Option | Hedge Against Inflation | Increases CAP Rate to 7.91%
- 7,000 SF Store on Large Parcel with 35 Parking Spaces & Two Cuts | In-Line with New Prototypical BTS
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
7,000 SF
Building Class
B
Year Built
2000
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
0.83 AC
Zoning
RT - Retail Trade
Parking
32 Spaces (4.57 Spaces per 1,000 SF Leased)
Frontage
375’ on E 11th St
AMENITIES
- Corner Lot
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
PROPERTY TAXES
| Parcel Number | 8913-25-251-030 | Improvements Assessment | $420,930 |
| Land Assessment | $104,130 | Total Assessment | $525,060 |
PROPERTY TAXES
Parcel Number
8913-25-251-030
Land Assessment
$104,130
Improvements Assessment
$420,930
Total Assessment
$525,060
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
