Jordan Bouslog 5154029131
Mark Timmins 5153094002
Brandon Fitz 5152268016

CVS Pharmacy 205 Franklin St 13,225 SF of Retail Space Available in Waterloo, IA 50703

SPACE AVAILABILITY (1)

1st Floor
13,225 SF
Negotiable
$14.00 /SF/YR $1.17 /SF/MO $150.69 /m²/YR $12.56 /m²/MO $15,429 /MO $185,150 /YR
Modified Gross

Space Use

Retail

Availability

Now

Sublease space available from current tenant
Listed rate may not include certain utilities, building services and property expenses

Space	Size		Term	Rental Rate	Rent Type
1st Floor	13,225 SF		Negotiable	$14.00 /SF/YR $1.17 /SF/MO $150.69 /m²/YR $12.56 /m²/MO $15,429 /MO $185,150 /YR	Modified Gross

Size

13,225 SF

Term

Negotiable

Rental Rate

$14.00 /SF/YR $1.17 /SF/MO $150.69 /m²/YR $12.56 /m²/MO $15,429 /MO $185,150 /YR

Rent Type

Modified Gross

Space Use

Retail

Availability

Now

Sublease space available from current tenant
Listed rate may not include certain utilities, building services and property expenses

The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

PROPERTY FACTS

Total Space Available	13,225 SF	Gross Leasable Area	13,225 SF
Property Type	Retail	Year Built	2012
Property Subtype	Freestanding

Total Space Available	13,225 SF
Property Type	Retail
Property Subtype	Freestanding
Gross Leasable Area	13,225 SF
Year Built	2012

ABOUT THE PROPERTY

Cushman and Wakefield Iowa Commercial Advisors Exclusively Offers: 13,225 Rentable SF $14.00/SF Modified Gross Sublease Through 1/31/2039 Drive-Thru Currently in Place Insurance and CAM Responsibility of Tenant 2024 Taxes: $107,103 ($8.10/SF) Building Developed in 2012 Featured amenities include: drive-thru access and private parking lot Suitable for Retail or Service-Oriented Businesses High Visibility and Accessibility

205 Franklin St,Waterloo_Flyer

TRAFFIC

COLLECTION STREET	CROSS STREET	TRAFFIC VOLUME	YEAR	Distance
E 1st St	Franklin St, S	3,601	2022	0.02 mi
US 63	Franklin St, S	435	2020	0.02 mi
Almond St	Logan Ave, W	740	2022	0.04 mi
E Mullan Ave	Franklin St, SW	4,005	2022	0.05 mi
US 63	Franklin St, SW	409	2020	0.05 mi
Franklin St	E 1st St, SE	9,646	2022	0.06 mi
E Mullan Ave	E Argyle St, NE	10,020	2022	0.06 mi
Franklin St	E Mullan Ave, NW	8,803	2022	0.06 mi
Logan Ave	Almond St, SE	1,254	2022	0.07 mi
E Mullan Ave	Franklin St, NE	7,712	2022	0.10 mi