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Multi-Tenant Retail Suite
For Lease
$24 SF/Yr

1513 Flammang Drive, Waterloo, IA 50702

S-1-zoned space within a center featuring Starbucks, Crumble Cookie, GameStop and Scratch!

Space Size1,400 SF
Property Size14,370 SF
Days on Market766

Property Features for 1513 Flammang Drive

General Information

Standard status Active
Size 1,400 SF
Net Rentable 1,400 SF
Zoning S-1

Space & Availability

Available Space 1,400 SF
Contiguous Space 1,400 SF
Space Use Retail

Additional Details

Anchor Co-Tenants Starbucks, Crumble Cookie, GameStop, Scratch

Taxes and HOA fees

Annual Taxes $87,230

Building Details

Building Size 14,370 SF
Year Built 2006
Tenancy Multi
Listing Agency: Fischels Commercial Group
Listed By: Chris Fischels · License #B44779000
Source: Mainrealty
Added: Sep 25, 2024 Changed: Oct 29 Last Checked: Oct 29 at 2:47PM

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 1,400-square-foot retail suite is part of a multi-tenant center at 1513 Flammang Drive in Waterloo, Iowa. The center was built in 2006 and includes Starbucks, Crumble Cookie, GameStop and Scratch!. The space is zoned S-1.

Key Highlights

  • 1400 sq. ft. of retail space
  • Located in a center with Starbucks, Crumble Cookie, GameStop and Scratch!
  • Built in 2006

Property Analytics

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

Current Use

55 Gallon Drums ... Big Box & Wholesale Store UScellular Mobile Phone Store

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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 15% above the average of $20.78 /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 - S-1-zoned space within a center featuring Starbucks, Crumble Cookie, GameStop and Scratch!
Where is this retail space located?
The property is located at 1513 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: 1400 sq. ft. of retail space; Located in a center with Starbucks, Crumble Cookie, GameStop and Scratch!; Built in 2006
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