Property Description:

Retail/Office/Warehouse This high traffic and high visibility loca-

tion would appeal to many users.
1111 Ansborough Ave. Adaptable to Sales/Service, Retail, or
Office space. Located just off the busy
Waterloo, IA 50701 corner of University and Ansborough.

Property Details:
￭ Available: 6,600 Sq. Ft.
￭ Year Built: 1993
￭ Zoned: C—2
￭ Real Estate Taxes: $11,504
￭ Parking: 22 Stalls (Expandable)
￭ Ceiling Height: 16 ft. Clear
￭ High Average Daily Traffic (Pg 2)
￭ Sale Price: $499,000.00
$449,900.00
￭ Lease Rate: $7.50/sq. ft. NNN

Marketed By:
Fred B. Miehe Jr. CCIM
Mobile: 319-240-2266
fmiehe@iowarealty.com

Office Information: Matthew R. Miehe

220 West Ridgeway Avenue Suite 105 Mobile: 319-269-6222
Waterloo, IA 50701 mmiehe@iowarealty.com
Phone: 319-233-9999
Fax: 319-291-7130

The above information is believed to be accurate, but is not guaranteed.

1111 Ansborough Ave.
Waterloo, IA 50701

FALLS AVE.

UNIVERSITY AVE.

ANSBOROUGH AVE.

SITE

15,700
AD T

16,800 ADT

6,600 Sq. Ft.

60 ft.

Available

Full span available: 110 ft.

maximum flexibility in use.
Office Information:
NAI Iowa Realty Commercial
220 West Ridgeway Avenue Suite 105
Waterloo, IA 50701
Phone: 319-233-9999
Fax: 319-291-7130
www.iowacommercial.com
 Executive Summary
Prepared by STDBonline

1111 Ansborough Ave 1111 Ansborough Ave 1111 Ansborough Ave

Site Type: Ring Ring: 1.0 mile Ring: 2.0 mile Ring: 3.0 mile

2008 Population
Total Population 6,716 27,018 58,675
Male Population 49.0% 48.8% 48.0%
Female Population 51.0% 51.2% 52.0%
Median Age 37.6 36.6 37.6

2008 Income
Median HH Income $50,809 $48,418 $47,283
Per Capita Income $25,283 $25,512 $26,221
Average HH Income $57,566 $59,652 $61,117

2008 Households
Total Households 3,011 11,502 25,093
Average Household Size 2.22 2.33 2.29
1990-2000 Annual Rate 0.23% 0.18% 0.19%

2008 Housing
Owner Occupied Housing Units 74.4% 66.0% 63.3%
Renter Occupied Housing Units 22.6% 29.0% 31.2%
Vacant Housing Units 3.0% 5.0% 5.5%

Population
1990 Population 7,318 28,196 60,053
2000 Population 6,907 28,013 60,399
2008 Population 6,716 27,018 58,675
2013 Population 6,699 26,827 58,342
1990-2000 Annual Rate -0.58% -0.07% 0.06%
2000-2008 Annual Rate -0.34% -0.44% -0.35%
2008-2013 Annual Rate -0.05% -0.14% -0.11%

In the identified market area, the current year population is 58,675. In 2000, the Census count in the market area was 60,399. The rate of
change since 2000 was -0.35 percent annually. The five-year projection for the population in the market area is 58,342, representing a change
of -0.11 percent annually from 2008 to 2013. Currently, the population is 48.0 percent male and 52.0 percent female.

Households
1990 Households 2,910 11,410 24,668
2000 Households 2,977 11,612 25,131
2008 Households 3,011 11,502 25,093
2013 Households 3,032 11,491 25,107
1990-2000 Annual Rate 0.23% 0.18% 0.19%
2000-2008 Annual Rate 0.14% -0.12% -0.02%
2008-2013 Annual Rate 0.14% -0.02% 0.01%

The household count in this market area has changed from 25,131 in 2000 to 25,093 in the current year, a change of -0.02 percent annually.
The five-year projection of households is 25,107, a change of 0.01 percent annually from the current year total. Average household size is
currently 2.29, compared to 2.35 in the year 2000. The number of families in the current year is 15,390 in the market area.

Housing

Currently, 63.3 percent of the 26,547 housing units in the market area are owner occupied; 31.2 percent, renter occupied; and 5.5 percent are
vacant. In 2000, there were 26,244 housing units— 63.8 percent owner occupied, 31.9 percent renter occupied and 4.3 percent vacant. The
rate of change in housing units since 2000 is 0.14 percent. Median home value in the market area is $96,756, compared to a median home
value of $192,285 for the U.S. In five years, median home value is projected to change by 2.23 percent annually to $108,058. From 2000 to
the current year, median home value changed by 3.92 percent annually.

Source: U.S. Bureau of the Census, 2000 Census of Population and Housing. ESRI forecasts for 2008 and 2013. ESRI converted 1990 Census data into 2000 geography.

©2008 ESRI On-demand reports and maps from Business Analyst Online. Order at www.esri.com/bao or call 800-292-2224 7/16/2009 Page 1 of 2
 Executive Summary
Prepared by STDBonline

1111 Ansborough Ave 1111 Ansborough Ave 1111 Ansborough Ave

Site Type: Ring Ring: 1.0 mile Ring: 2.0 mile Ring: 3.0 mile
Median Household Income
1990 Median HH Income $26,297 $24,406 $24,842
2000 Median HH Income $38,059 $35,979 $35,375
2008 Median HH Income $50,809 $48,418 $47,283
2013 Median HH Income $61,324 $58,697 $57,616
1990-2000 Annual Rate 3.77% 3.96% 3.6%
2000-2008 Annual Rate 3.56% 3.66% 3.58%
2008-2013 Annual Rate 3.83% 3.93% 4.03%

Per Capita Income

1990 Per Capita Income $11,904 $12,906 $13,072
2000 Per Capita Income $18,494 $18,550 $19,370
2008 Per Capita Income $25,283 $25,512 $26,221
2013 Per Capita Income $29,501 $30,335 $31,528
1990-2000 Annual Rate 4.5% 3.69% 4.01%
2000-2008 Annual Rate 3.86% 3.94% 3.74%
2008-2013 Annual Rate 3.13% 3.52% 3.75%

Average Household Income

1990 Average Household Income $30,337 $31,367 $31,731
2000 Average Household Income $43,896 $44,334 $46,097
2008 Average HH Income $57,566 $59,652 $61,117
2013 Average HH Income $66,546 $70,479 $73,075
1990-2000 Annual Rate 3.76% 3.52% 3.81%
2000-2008 Annual Rate 3.34% 3.66% 3.48%
2008-2013 Annual Rate 2.94% 3.39% 3.64%

Households by Income
Current median household income is $47,283 in the market area, compared to $53,154 for all U.S. households. Median household income is
projected to be $57,616 in five years. In 2000, median household income was $35,375, compared to $24,842 in 1990.

Current average household income is $61,117 in this market area, compared to $73,126 for all U.S. households. Average household income
is projected to be $73,075 in five years. In 2000, average household income was $46,097, compared to $31,731 in 1990.

Current per capita income is $26,221 in the market area, compared to the U.S. per capita income of $27,916. The per capita income is
projected to be $31,528 in five years. In 2000, the per capita income was $19,370, compared to $13,072 in 1990.

Population by Employment

Total Businesses 439 1,284 3,027

Total Employees 4,405 12,114 28,915

Currently, 94.8 percent of the civilian labor force in the identified market area is employed and 5.2 percent are unemployed. In comparison,
93.4 percent of the U.S. civilian labor force is employed, and 6.6 percent are unemployed. In five years the rate of employment in the market
area will be 95.1 percent of the civilian labor force, and unemployment will be 4.9 percent. The percentage of the U.S. civilian labor force that
will be employed in five years is 93.9 percent, and 6.1 percent will be unemployed. In 2000, 64.3 percent of the population aged 16 years or
older in the market area participated in the labor force, and 0.1 percent were in the Armed Forces.

In the current year, the occupational distribution of the employed population is:

• 57.4 percent in white collar jobs (compared to 60.2 percent of U.S. employment)
• 17.4 percent in service jobs (compared to 16.5 percent of U.S. employment)
• 25.2 percent in blue collar jobs (compared to 23.3 percent of U.S. employment)

In 2000, 84.2 percent of the market area population drove alone to work, and 2.3 percent worked at home. The average travel time to work in
2000 was 15.3 minutes in the market area, compared to the U.S. average of 25.5 minutes.

Population by Education

In 2008, the educational attainment of the population aged 25 years or older in the market area was distributed as follows:

• 11.4 percent had not earned a high school diploma (16.4 percent in the U.S.)
• 35.3 percent were high school graduates only (29.6 percent in the U.S.)
• 8.5 percent had completed an Associate degree (7.2 percent in the U.S.)
• 15.5 percent had a Bachelor’s degree (17.0 percent in the U.S.)
• 9.1 percent had earned a Master’s/Professional/Doctorate Degree (9.7 percent in the U.S.)

Source: U.S. Bureau of the Census, 2000 Census of Population and Housing. ESRI forecasts for 2008 and 2013. ESRI converted 1990 Census data into 2000 geography.

©2008 ESRI On-demand reports and maps from Business Analyst Online. Order at www.esri.com/bao or call 800-292-2224 7/16/2009 Page 2 of 2