Restaurant with Drive-Up
For Lease
$14 SF/Yr
2040 Kimball Ave, Waterloo, IA 50702
Freestanding restaurant space with a spacious dine-in area and a convenient drive-up window for customer access.
Space SizeContact for details
Days on Market59
Property Features for 2040 Kimball Ave
General Information
Standard status
Active
Taxes and HOA fees
Annual Taxes
$11,486
Amenities
dine in area
private meeting room
office
drive up window
Listing Agency:
Miehe Commercial Real Estate
(319) 269-6222
Listed By:
Michael Fain
(319) 290-4352
Source:
Exprealty
Added: Jul 17
Changed: Sep 12
Last Checked: Sep 12 at 4:35PM
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 Miehe Commercial Real Estate
Investment Insights
Based on property information with market context.
This restaurant space is configured with a spacious dine-in area plus a private meeting room and office space. A convenient drive-up window supports quick customer service, making the layout suitable for restaurant operations and other compatible commercial uses.
Located at a highly traveled intersection in the heart of Waterloo, the property sits within a shopping center environment anchored by tenants including Family Dollar, Flowerama, Hy-Vee Wine and Spirits, Greenwood Pharmacy, and Damon's Sports Bar. This mix of established retailers and service businesses can provide strong everyday foot traffic for a wide range of uses.
The interior plan includes dedicated meeting and office space in addition to the primary dining area, offering flexibility for day-to-day operations while maintaining a customer-forward layout.
Located at a highly traveled intersection in the heart of Waterloo, the property sits within a shopping center environment anchored by tenants including Family Dollar, Flowerama, Hy-Vee Wine and Spirits, Greenwood Pharmacy, and Damon's Sports Bar. This mix of established retailers and service businesses can provide strong everyday foot traffic for a wide range of uses.
The interior plan includes dedicated meeting and office space in addition to the primary dining area, offering flexibility for day-to-day operations while maintaining a customer-forward layout.
Key Highlights
- Freestanding restaurant space with a spacious dine‑in area
- Convenient drive‑up window for customer access
- Includes a private meeting room and office space
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
549
Businesses Nearby
61k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 67%
Shops & Services 33%
Scooter's Coffee
Dining
13,182 visits/mo
0.2 miles
Village Inn
Dining
9,072 visits/mo
0.1 miles
Starbucks
Dining
8,174 visits/mo
0.1 miles
Family Dollar
Shops & Services
6,284 visits/mo
0.1 miles
KFC
Dining
4,905 visits/mo
0.3 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
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Freestanding restaurant space with a spacious dine-in area and a convenient drive-up window for customer access.
Where is this conventional restaurant located?
The property is located at 2040 Kimball Ave Waterloo, IA.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: Freestanding restaurant space with a spacious dine‑in area; Convenient drive‑up window for customer access; Includes a private meeting room and office space
