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Endcap Retail Space with Drive-Through

1501 Flammang Dr, Waterloo, IA 50702

For Lease
$32 SF/Yr

Retail suite in a strip center with national co-tenancy and a drive-through.

Space Size1,800 SF
Days on Market53

Property Features for 1501 Flammang Dr

General Information

Standard status Active
Size 1,800 SF
Net Rentable 1,800 SF

Space & Availability

Available Space 1,800 SF
Contiguous Space 1,800 SF
Space Use Retail

Taxes and HOA fees

Annual Taxes $92,609

Amenities

Drive-thru
Listing Agency: Fischels Commercial Group
Listed By: Christopher Fischels · License #B44779000
Source: Exprealty
Added: Sep 16 Changed: Oct 26 Last Checked: Nov 6 at 9:45AM

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 Fischels Commercial Group

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 1,800-square-foot endcap retail suite is positioned within a strip center and includes a drive-through. The configuration supports retail, food service, and service-oriented uses, offering flexibility for a range of commercial operators.

The property is located at 1501 Flammang Dr in Waterloo, Iowa, within a center that includes national co-tenancy and established neighboring businesses.

Key Highlights

  • 1,800‑square‑foot endcap retail space
  • Drive‑through included
  • Located within a strip center

Property Analytics

Current Use

Starbucks Cafe & Coffee Shop

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Spa & Massage Center 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
$4.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

579
Businesses Nearby
798k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 27% Superstores 22% Shops & Services 19% Apparel 10%
Walmart Superstores
92,036 visits/mo 0.3 miles
Target Superstores
80,027 visits/mo 0.3 miles
Hy-Vee Groceries
53,742 visits/mo 0.3 miles
Menards Home Improvements & Furnishings
48,812 visits/mo 0.5 miles
Chick-fil-A Dining
46,408 visits/mo 0.2 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

Lease Benchmarks for Waterloo, IA

$20.16 /SF/Yr
Avg Asking Price
$6–$40 /SF/Yr
Price Range
15,146 SF
Avg Space Size

This space is priced 59% above the average of $20.16 /SF/Yr.

Average Price Trend$/SF/Yr for Retail space in Waterloo, IA

$16.91 Jul
$20.48 Aug
$21.79 Sep
$20.16 Oct

Properties on Market for Retail space in Waterloo

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Retail suite in a strip center with national co-tenancy and a drive-through.
Where is this retail space located?
The property is located at 1501 Flammang Dr Waterloo, IA.
What is the lease rate?
The lease rate is $32 SF/Yr.
What are key features of this property?
This property features: 1,800‑square‑foot endcap retail space; Drive‑through included; Located within a strip center
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