4015 Lowes Blvd - Restaurant FOR SALE


Waterloo, IA 50701
$1,200,000 USD
515-440-0400
4015 Lowes Blvd, Waterloo, IA for Sale
$1,200,000 USD
Restaurant - FOR SALE
1/1
null | Request Cap Rate

4015 Lowes Blvd
Waterloo, IA 50701


HIGHLIGHTS

  • Existing drive-thru infrastructure supports restaurant and service-oriented operations.
  • Freestanding building allows independent branding and customer access.
  • Located near Lowe's and Sam's Club within an established retail corridor.
  • Convenient access to San Marnan Drive and U.S. Highway 20.
  • Positioned within a trade area serving nearly 73,000 residents within five miles.
  • Situated on approximately 0.95 acres with visibility among surrounding retailers.

OVERVIEW

4015 Lowe's Boulevard presents an opportunity to acquire a standalone second-generation restaurant property positioned within one of Waterloo's established retail corridors. The property benefits from its location near Lowe's and Sam's Club, placing it among nationally recognized retailers that contribute to consistent consumer activity throughout the surrounding trade area. Existing restaurant infrastructure, including a drive-thru configuration, may reduce redevelopment timelines and capital requirements for future ownership. The site offers convenient connectivity to San Marnan Drive and U.S. Highway 20, providing access to Waterloo, Cedar Falls, and the broader Cedar Valley region. The surrounding area includes a mix of retail, service, and residential uses that support ongoing commercial demand. Within a five-mile radius, the property serves a population of 72,988 residents and 31,892 households, providing a broad customer base for restaurant, retail, or service-oriented concepts. Situated on approximately 0.95 acres, the asset offers visibility within an active commercial environment and may appeal to owner-users, investors, or operators seeking a freestanding location with existing restaurant improvements. The combination of established retail co-tenancy, regional roadway access, and a proven restaurant layout creates flexibility for a variety of future business strategies while benefiting from Waterloo's role as a regional retail destination.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$425 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.95 AC

LAND SF

41,382 SF

ZONING

-

APN/PARCEL ID

8813-10-127-006

ASK ABOUT THIS PROPERTY

Mitch PhillipsFerguson Commercial Real Estate ServicesMore Info
515-440-0400

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Mitch PhillipsFerguson Commercial Real Estate ServicesMore Info
515-440-0400

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.