999 Home Plz
Waterloo, IA 50701

999 Home Plaza is a 43,963 square foot multi-tenant office building located on the corner of Ansborough Avenue and San Marnan Drive in Waterloo. At over 95% leased, this investment opportunity is situated along the gateway to Waterloo's growing business park. Surrounded by the newly expanded VGM corporate offices, Sunnyside golf course, a large residential population, and the newly constructed Kwik Star, 999 Home Plaza is perfectly positioned to capture in-town and visiting consumers alike. Nine tenants, the largest of which accounts for 26.5 percent of the property, has long established leasing history. Three additional tenants comprising an additional 34 percent of the square footage have been tenants since 2001. These additional tenants also plan to stay long term and have leases extending through 2020. This is a rare opportunity to own an important local office asset with stable cash flows in close proximity to Crossroads Mall, Sam's Club, Lowe's, Home Depot, Menards, Furniture Row, Walmart, Hy-Vee, Barnes & Noble, Bed Bath & Beyond, Best Buy and Target, as well as many other businesses.