In-Line Retail
For Lease
$24 SF/Yr CAM $9.40 /USD/SF/YR
1515 Flammang Drive, Waterloo, IA 50702
A multi-tenant retail center built in 2006 is anchored by national retailers.
Space Size1,664 SF
Property Size14,370 SF
Days on Market330
Property Features for 1515 Flammang Drive
General Information
Standard status
Active
Size
1,664 SF
Net Rentable
1,664 SF
Property subtype
Retail
Lease Type
NNN
Space & Availability
Available Space
1,664 SF
Contiguous Space
1,664 SF
Space Use
Retail
Additional Details
CAM
$9.40 /SF/YR
Taxes and HOA fees
Annual Taxes
$92,549
Building Details
Building Size
14,370 SF
Year Built
2006
Tenancy
Multi
Listing Agency:
Fischels Commercial Group
Listed By:
Chris Fischels · License #B44779000
(319) 830-5000
Source:
Karensteffeshomes
Added: Dec 1, 2025
Changed: Oct 26
Last Checked: Oct 26 at 2:48PM
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
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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 in-line retail suite offers 1,664 square feet within a 14,370-square-foot strip center. The retail property was built in 2006 and is anchored by national retailers.
Located at 1515 Flammang Drive in Waterloo, Iowa, the center includes signage and visibility features noted in the property information.
Located at 1515 Flammang Drive in Waterloo, Iowa, the center includes signage and visibility features noted in the property information.
Key Highlights
- 1,664‑square‑foot in‑line retail suite
- Strip center totals 14,370 square feet
- Anchored by national retailers
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
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
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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
Frequently Asked Questions
What type of property is this?
Retail space - A multi-tenant retail center built in 2006 is anchored by national retailers.
Where is this retail space located?
The property is located at 1515 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: 1,664‑square‑foot in‑line retail suite; Strip center totals 14,370 square feet; Anchored by national retailers
