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Inline Retail Suite
For Lease
$24 SF/Yr

1503 Flammang Drive, Waterloo, IA 50702

The suite sits within a strip center with national co-tenancy.

Space Size1,723 SF
Property Size14,370 SF
Days on Market44

Property Features for 1503 Flammang Drive

General Information

Standard status Active
Size 1,723 SF
Net Rentable 1,723 SF
Property subtype Retail

Space & Availability

Available Space 1,723 SF
Contiguous Space 1,723 SF
Space Use Retail

Taxes and HOA fees

Annual Taxes $92,609

Building Details

Building Size 14,370 SF
Year Built 2006
Tenancy Multi
Listing Agency: Fischels Commercial Group
Listed By: Christopher Fischels · License #B44779000
Source: Karensteffeshomes
Added: Sep 14 Changed: Oct 26 Last Checked: Oct 26 at 2:18PM

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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Investment Insights

Based on property information with market context.

This 1,723-square-foot retail suite is configured as an in-line space within a strip center. The property was built in 2006 and is located at 1503 Flammang Drive in Waterloo, Iowa.

Key Highlights

  • 1,723‑square‑foot in‑line retail space
  • Located in a strip center with national co‑tenancy
  • Property built in 2006

Property Analytics

Current Use

Crumbl - Waterloo Bakery

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$3.60 /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

$22.4 /SF/Yr
Avg Asking Price
$12–$40 /SF/Yr
Price Range
14,849 SF
Avg Space Size

This space is priced 7% above the average of $22.4 /SF/Yr.

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 - The suite sits within a strip center with national co-tenancy.
Where is this retail space located?
The property is located at 1503 Flammang Drive Waterloo, IA.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: 1,723‑square‑foot in‑line retail space; Located in a strip center with national co‑tenancy; Property built in 2006
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