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2535 Midport Boulevard

Waterloo, IA 50703
  • $1,100,000
  • STATUS: Active
  • ON SITE: 153 Days
  • MLS #: 20254448
UPDATED: 72 min ago
$1,100,000
  • 0
    BEDS
  • 5.35
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
2011
County:

School Ratings & Info

Description

This is a rare opportunity to acquire a robust commercial investment property in the high-demand Waterloo, Iowa market. This prime industrial warehouse serves as a vital transfer station and logistics hub, featuring an exceptional 30 loading dock doors for maximum operational efficiency and high-volume freight movement. The total building size is 11,880 square feet, which includes a substantial 10,530 sq. ft. of high-capacity warehouse space designed for logistics and distribution, as well as 1,350 sq. ft. of turnkey office space for administrative support. This investment offers a Net-Leased (NNN) income stream, providing secure, hassle-free ownership since the tenant is responsible for most operating expenses, estimated at a favorable $4.05 PSF. The property provides stable cash flow for the foreseeable future with a long-term lease in place through December 31, 2028. The facility boasts a prime Waterloo industrial location, strategically positioned for optimal access just off Airline Highway with nearby Highway 20 access, ensuring excellent connectivity for regional and local distribution in the established Midport Blvd industrial area. Furthermore, the property sits on a generous 5.35-acre site, offering a substantial real estate footprint with M-2/P zoning, which allows for ample outdoor storage or potential future expansion. Don't miss this opportunity for a stable, income-producing asset. Serious inquiries only. Financials (including Cap Rate) and lease terms are available upon request to qualified investors.

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Listings courtesy of Northeast Iowa Regional Board of REALTORS as distributed by MLS GRID. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MLS GRID or Vine Valley Real Estate. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by Northeast Iowa Regional Board of REALTOR and may be amended from time to time. MLS Grid  logo Based on information submitted to the MLS GRID as of 2026-02-11T08:41:46.85 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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2535 Midport Boulevard Waterloo, IA 50703

  • Price: $1,100,000
  • Status: Active
  • On Site: 153 Days
  • Updated: 72 min ago
  • MLS #: 20254448
0
Beds
0
Baths
0
½ Baths
5.35
Acres
2011
Built
County:
Black Hawk
Property Description
This is a rare opportunity to acquire a robust commercial investment property in the high-demand Waterloo, Iowa market. This prime industrial warehouse serves as a vital transfer station and logistics hub, featuring an exceptional 30 loading dock doors for maximum operational efficiency and high-volume freight movement. The total building size is 11,880 square feet, which includes a substantial 10,530 sq. ft. of high-capacity warehouse space designed for logistics and distribution, as well as 1,350 sq. ft. of turnkey office space for administrative support. This investment offers a Net-Leased (NNN) income stream, providing secure, hassle-free ownership since the tenant is responsible for most operating expenses, estimated at a favorable $4.05 PSF. The property provides stable cash flow for the foreseeable future with a long-term lease in place through December 31, 2028. The facility boasts a prime Waterloo industrial location, strategically positioned for optimal access just off Airline Highway with nearby Highway 20 access, ensuring excellent connectivity for regional and local distribution in the established Midport Blvd industrial area. Furthermore, the property sits on a generous 5.35-acre site, offering a substantial real estate footprint with M-2/P zoning, which allows for ample outdoor storage or potential future expansion. Don't miss this opportunity for a stable, income-producing asset. Serious inquiries only. Financials (including Cap Rate) and lease terms are available upon request to qualified investors.
Exterior Features

Frontage Type City Street Roof Metal

Interior Features

Building Area Total 11880 Cooling Central AirOffice Only Flooring Concrete Heating Forced AirOffice Only Insulation RoofSide WallsParty Walls Total Available Square Footage 11880 Warehouse Square Footage 10530

Property Features

Agent Owned YN No Available Office Square Footage 1350 Available Retail Square Footage 0 Building Description Free StandingSingle Tenant1 Story Building Location Industrial Area Buyer Financing Cash ConventionAt Closing Common Area No Existing Lease Type None Expense History Actual For Lease YN No For Sale Rent For Sale For Sale YN Yes Gross Income 0 Investment YN Yes Lease Per Month 0 Multi Tenant YN No Net Operating Income 0 Number Dock Doors 30 Number Drive In Doors 0 Number Rail Doors 0 Operating Expense 0 Possession Closing Possible Use Industrial Property Sub Type Industrial Sale Lease Includes LandBuilding Sewer Public Sewer Special Listing Conditions Normal Sale Sprinkler YN No Tax Annual Amount 46523.71 Tax Year 2024 Tenant Pays All Utilities Tiered Sliding No Utilities Electricity AvailableNatural Gas AvailableWater AvailableSewer AvailablePhone Available Zoning M-2P



Listings courtesy of Northeast Iowa Regional Board of REALTORS as distributed by MLS GRID. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MLS GRID or Vine Valley Real Estate. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by Northeast Iowa Regional Board of REALTOR and may be amended from time to time. MLS Grid  logo Based on information submitted to the MLS GRID as of 2026-02-11T08:41:46.85 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
 
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808 E. 18th St.
Cedar Falls IA, 50613