Big-Box Retail
For Lease
$9 SF/Yr
1542 Flammang Drive, Waterloo, IA 50702
A large-format retail suite is scheduled to become available for lease in January 2027.
Space Size20,220 SF
Days on Market293
Property Features for 1542 Flammang Drive
General Information
Standard status
Active
Size
20,220 SF
Net Rentable
20,220 SF
Property subtype
Retail
Space & Availability
Available Space
20,220 SF
Contiguous Space
20,220 SF
Space Use
Retail
Available From
2027-01
Additional Details
Anchor Co-Tenants
Best Buy, Barnes & Noble, PetSmart, McGregors Furniture
Taxes and HOA fees
Annual Taxes
$65,551
Building Details
Building Size
20,220 SF
Year Built
1995
Tenancy
Multi
Listing Agency:
Fischels Commercial Group
Listed By:
Chris Fischels · License #B44779000
(319) 830-5000
Source:
Karensteffeshomes
Added: Jan 8
Changed: Oct 27
Last Checked: Oct 27 at 4:22AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
A 20,220-square-foot retail space at 1542 Flammang Drive in Waterloo is available for lease beginning January 2027. The property was built in 1995 and is positioned within a power center.
The center includes Best Buy, Barnes & Noble, PetSmart and McGregors Furniture. Its Crossroads-area setting is near the Crossroads Mall redevelopment.
The center includes Best Buy, Barnes & Noble, PetSmart and McGregors Furniture. Its Crossroads-area setting is near the Crossroads Mall redevelopment.
Key Highlights
- 20,220 square feet available for lease
- Available January 2027
- Located in a power center with Best Buy, Barnes & Noble, PetSmart and McGregors Furniture
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$1.35 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
530
Businesses Nearby
687k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 25%
Dining 23%
Shops & Services 16%
Apparel 12%
Walmart
Superstores
92,036 visits/mo
0.2 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
0.5 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
$20.78 /SF/Yr
Avg Asking Price
$6–$40 /SF/Yr
Price Range
13,907 SF
Avg Space Size
This space is priced 57% below the average of $20.78 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - A large-format retail suite is scheduled to become available for lease in January 2027.
Where is this retail space located?
The property is located at 1542 Flammang Drive Waterloo, IA.
What is the lease rate?
The lease rate is $9 SF/Yr.
What are key features of this property?
This property features: 20,220 square feet available for lease; Available January 2027; Located in a power center with Best Buy, Barnes & Noble, PetSmart and McGregors Furniture
