3620–3628 Kimball Avenue in Waterloo

SALE PRICE: $1,500,000

 Investors seeking a commercial property with existing cash flow, established tenants, and additional upside potential should take a closer look at 3620–3628 Kimball Avenue in Waterloo, Iowa.

This well-maintained multi-tenant strip center offers an attractive investment opportunity with long-term leases already in place, providing a foundation of stable rental income from an established tenant mix.

Immediate Income with Additional Upside

One of the key advantages of this property is the combination of current cash flow and future value-add potential. Long-term leases provide dependable income, while the remaining vacancy creates an opportunity for a new owner to increase occupancy and overall property revenue.

For investors, this creates the potential to enhance the property's performance without relying solely on market appreciation.

Strong Location on Kimball Avenue

Located along Kimball Avenue in Waterloo, the property benefits from a highly visible commercial location with convenient access for tenants and customers. Its location makes it well suited for a variety of businesses and provides strong exposure within the Waterloo market.

Established Tenant Mix

The property features a strong mix of established commercial tenants, helping provide stability and reduce the risks often associated with an investment property that is entirely dependent on new leasing activity.

With long-term leases in place, investors can focus on maintaining occupancy while pursuing opportunities to improve the property's income potential.

A Value-Add Investment Opportunity

For investors looking for more than simply a stabilized property, 3620–3628 Kimball Avenue offers an opportunity to grow the asset's performance over time. Leasing the remaining available space could increase rental income and strengthen overall occupancy, creating an additional avenue for value creation.

The combination of existing income, established tenants, a highly visible location, and lease-up potential makes this property an appealing option for both experienced commercial investors and those looking to expand their real estate portfolio.

Explore the Opportunity

3620–3628 Kimball Avenue in Waterloo presents an attractive commercial investment with a solid income base and room for future growth.

If you're looking for a property that offers immediate cash flow, dependable tenancy, and value-add potential, this strip center deserves a closer look.

Contact us today for additional property details, financial information, or to schedule a private showing.