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🏢 Just listed — Distribution Office for sale in Waterloo, IA.

📍 1224 La Porte Road, Waterloo, IA
🏷  Distribution Office · For Sale
💰 $2.58M

Office/Industrial | 40,174

<ul><li>Building Size: 40,174 SqFt</li><li>Office SqFt: 10,011 SqFt </li><li>Warehouse SqFt: 30,163</li><li>Lot Size: 1.58 Acres </li><li>Close Proximity to HWY 218 </li><li>(1) Dock Door / (2) OH Doors </li></ul>

Full financials, photos, and broker contact:
https://commrty.com/property/iowa/waterloo/1224-la-porte-road-2476171-for-sale?utm_source=linkedin&utm_medium=share&utm_campaign=pdp&utm_content=1224-la-porte-road-2476171

#Waterloo #Office #CommercialRealEstate #CRE #Investment

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Home/IA/Waterloo

1224 La Porte Road

Waterloo, IA 50702

Asking Price

$2.58M

Asset Type

Distribution Office

Class

Class B

What's Special

Office/Industrial | 40,174 <ul><li>Building Size: 40,174 SqFt</li><li>Office SqFt: 10,011 SqFt </li><li>Warehouse SqFt: 30,163</li><li>Lot Size: 1.58 Acres </li><li>Close Proximity to HWY 218 </li><li>(1) Dock Door / (2) OH Doors </li></ul>

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Purchase Price ($)

Down Payment (%)Interest Rate (%)

Amortization (years)Annual Gross Income ($)Annual Expenses ($)

NOI

$80,000

Cap Rate

3.11%

DSCR

0.52

Underwater

Cash-on-Cash

-9.43%

Monthly Payment

$12,739.695

Annual Cash Flow

$-72,876.34

Location & Travel Times

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