Spaces For Lease

at 1410 Flammang Dr

Restaurant With Drive-Thru for Lease $35/SF/Yr

Floor 1

Size 3,510 SF

Type RETAIL

Lease Type NNN

Availability AVAILABLE

Sublease No

Property Overview Grocery store anchored (HyVee) site located next to Walmart, Dick's Sporting Goods, Hobby Lobby, Best Buy and more. Property includes a 3,510 SF restaurant with drive thru and pylon sign on a 0.59 AC lot. Located near the intersection Hwy 20 (24,800 AADT) and I380 (24,400 AADT). Next to the BLVD at the Crossroads, where the former Crossroads Mall is being transformed into a modern, mixed-use community with a dynamic mix of residential, retail, office, and entertainment spaces.

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Listing Agency: NAI Iowa Realty Commercial Show Phone

Listed By: Daniel Dempsey Show Phone

Source: Moodyscre

Added: Sep 14 Changed: Nov 2 Last Checked: Nov 1 at 8:22AM

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Investment Insights

Based on property information with market context.

The property is a 3,510-square-foot restaurant on a 0.59-acre lot, configured with drive-through service and a pylon sign. It is positioned within a retail setting anchored by Hy-Vee and includes proximity to Walmart, Dick's Sporting Goods, Hobby Lobby, and Best Buy.

The site is near the intersection of Hwy 20 and I380, with reported traffic volumes of 24,800 AADT and 24,400 AADT, respectively. It is also next to The BLVD at the Crossroads, a mixed-use redevelopment associated with the former Crossroads Mall and planned residential, retail, office, and entertainment components.

Key Highlights

• 3,510 SF restaurant with drive‑through service
• 0.59 AC lot with pylon signage
• Grocery‑anchored setting with Hy‑Vee

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Hardee's Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Big Box & Wholesale Store Building Supply HVAC Service Storage Facility

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

$5.25 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

524

Businesses Nearby

708k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Superstores 24% Dining 23% Shops & Services 16% Groceries 11%

Walmart Superstores

92,036 visits/mo 0.1 miles

Target Superstores

80,027 visits/mo 0.4 miles

Hy-Vee Groceries

53,742 visits/mo 0.1 miles

Menards Home Improvements & Furnishings

48,812 visits/mo 0.3 miles

Chick-fil-A Dining

46,408 visits/mo 0.1 miles

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

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

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Frequently Asked Questions

What type of property is this?

Drive through restaurant - Freestanding restaurant space with drive-through service and prominent pylon signage at a grocery-anchored retail location.

Where is this drive through restaurant located?

The property is located at 1410 Flammang Dr Waterloo, IA.

What is the lease rate?

The lease rate is $35 SF/Yr.

What are key features of this property?

This property features: 3,510 SF restaurant with drive‑through service; 0.59 AC lot with pylon signage; Grocery‑anchored setting with Hy‑Vee