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Updated Shopping Center Suites
For Lease
$11 SF/Yr NNN (Triple Net)

1209 Flammang Drive #Suite 6, Waterloo, IA 50702

Updated commercial suites offer office or retail opportunities with plenty of on-site parking.

Space Size1,866 SF - 2,672 SF
Property Size12,215 SF
Days on Market1397

Property Features for 1209 Flammang Drive #Suite 6

General Information

Standard status Active
Size 1,866 SF - 2,672 SF
Net Rentable 1,866 SF
Zoning C-2
Lease Type /mo

Additional Details

Available Space 1,866-2,672 SF

Taxes and HOA fees

Annual Taxes $21,680

Building Details

Building Size 12,215 SF
Year Built 1993
Listing Agency: Miehe Commercial Real Estate
Listed By: Matt Miehe, CCIM · License #B58183000
Source: Sweeneyrealestate
Added: Oct 13, 2022 Changed: Aug 8 Last Checked: Aug 8 at 11:29AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Miehe Commercial Real Estate

Investment Insights

Based on property information with market context.

Updated shopping center with suites ranging from 1,866 SF to 2,672 SF. The property offers opportunities for office or retail users, with plenty of parking available on site. Built in 1993, the center is near the corner of Flammang Drive and San Marnan Drive in Waterloo, Iowa. Suites are offered with an NNN expense structure.

Key Highlights

  • Suite sizes range from 1,866 SF to 2,672 SF
  • Updated shopping center near the corner of Flammang Drive and San Marnan Drive
  • Office or retail opportunities

Property Analytics

Current Use

LibertyX Bitcoin ATM Atm Clean Laundry (Bike/Boat/Book/etc) Store BoxDrop Mattress & Furniture ... Furniture & Home Goods Merch Madness Discount Store

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Nail Salon HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

537
Businesses Nearby
Balanced
Demand for This Use

Demographics for 50702, IA

20,447
Population
9,722
Households
2.1
Avg Household Size
37
Median Age
21%
College-Educated
89%
High-School Grad
9.8 sq mi
ZIP Area
2,086
Density / Sq Mi
$59,784
Median Household Income
$38,826
Median Earnings
$926
Median Rent
$145,800
Median Home Value

Market

Lease Benchmarks for Waterloo, IA

$15.75 /SF/Yr
Avg Asking Price
$11–$20 /SF/Yr
Price Range
47,332 SF
Avg Space Size

This space is priced 30% below the average of $15.75 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Coin Cloud Bitcoin ATM 1205 E San Marnan Dr, Waterloo, IA 50702
  • Crossroads Mall 2060 Crossroads Blvd, Waterloo, IA 50702

Frequently Asked Questions

What type of property is this?
Shopping center - Updated commercial suites offer office or retail opportunities with plenty of on-site parking.
Where is this shopping center located?
The property is located at 1209 Flammang Drive #Suite 6 Waterloo, IA.
What is the lease rate?
The lease rate is $11 SF/Yr.
What are key features of this property?
This property features: Suite sizes range from 1,866 SF to 2,672 SF; Updated shopping center near the corner of Flammang Drive and San Marnan Drive; Office or retail opportunities
More about this property
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