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3530 Marnie Ave 51,900 SF Industrial Building Waterloo, IA 50701 $7,650,000 ($147.40/SF) 6.63% Cap Rate
Executive Summary
More details on the property landing page: https://www.cedarvalleycrossing.com/3530-marnie-warehouse
Located a block from the intersection of 2 major highways in Central Iowa, this 51,900 sqft. building has a lot to offer an owner occupied user or investor.
15 year tax incentive package from the City of Waterloo.
Building is currently setup for a single tenant
Can be divided into 2 spaces at 29,100 sqft. & 22,000 sqft. respectively.
Building is also listed available for lease or lease / purchase.
Pre-Engineered Steel Construction
Metal Roof
Ceilings range from 22’ - 25’
2,100 sqft. office space.
3 phase electrical.
Central Heat & Air
City Water & Sewer
High Speed Internet
6 Loading Docks
2 - 16’x16’ OH Doors
Sprinkler System
Storage Area
Traffic counts:
Hwy 20: 11,700 - 13,100 cars / day
Hwy 63: 3,050 - 4,500 cars / day.
Located a block from the intersection of 2 major highways in Central Iowa, this 51,900 sqft. building has a lot to offer an owner occupied user or investor.
15 year tax incentive package from the City of Waterloo.
Building is currently setup for a single tenant
Can be divided into 2 spaces at 29,100 sqft. & 22,000 sqft. respectively.
Building is also listed available for lease or lease / purchase.
Pre-Engineered Steel Construction
Metal Roof
Ceilings range from 22’ - 25’
2,100 sqft. office space.
3 phase electrical.
Central Heat & Air
City Water & Sewer
High Speed Internet
6 Loading Docks
2 - 16’x16’ OH Doors
Sprinkler System
Storage Area
Traffic counts:
Hwy 20: 11,700 - 13,100 cars / day
Hwy 63: 3,050 - 4,500 cars / day.
Property Facts
| Price | $7,650,000 | No. Stories | 1 |
| Price Per SF | $147.40 | Year Built | 2021 |
| Sale Type | Investment or Owner User | Tenancy | Single |
| Cap Rate | 6.63% | Parking Ratio | 0.58/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 20’ |
| Building Class | B | No. Dock-High Doors/Loading | 6 |
| Rentable Building Area | 51,900 SF | No. Drive In / Grade-Level Doors | 1 |
| Zoning | C2-M1 - Flex Zoning | ||
| Price | $7,650,000 |
| Price Per SF | $147.40 |
| Sale Type | Investment or Owner User |
| Cap Rate | 6.63% |
| Property Type | Industrial |
| Building Class | B |
| Rentable Building Area | 51,900 SF |
| No. Stories | 1 |
| Year Built | 2021 |
| Tenancy | Single |
| Parking Ratio | 0.58/1,000 SF |
| Clear Ceiling Height | 20’ |
| No. Dock-High Doors/Loading | 6 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | C2-M1 - Flex Zoning |
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
- 1st Fl - A
- 30,900 SF
- Industrial
- Full Build-Out
- Now
Property owner is flexible on lease terms. Open warehouse with three loading docks.
| Space | Size | Space Use | Condition | Available |
| 1st Fl - A | 30,900 SF | Industrial | Full Build-Out | Now |
| 1st Fl - B | 21,000 SF | Industrial | Full Build-Out | Now |
1st Fl - A
| Size |
| 30,900 SF |
| Space Use |
| Industrial |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl - B
| Size |
| 21,000 SF |
| Space Use |
| Industrial |
| Condition |
| Full Build-Out |
| Available |
| Now |
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Map
1st Fl - B
| Size | 21,000 SF |
| Space Use | Industrial |
| Condition | Full Build-Out |
| Available | Now |
Property owner is flexible on lease terms. Open warehouse with three loading docks.
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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3530 Marnie Ave
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