Drive-Through
For Lease
$33 SF/Yr
215 E Donald Street, Waterloo, IA 50703
Commercial Lease, Waterloo, IA
Space Size3,081 SF
Lot Size1.05 Acres
Days on Market449
Property Features for 215 E Donald Street
General Information
Property type
Commercial Lease
Property subtype
Retail
Zoning
C-2
Directions
Off of East Donald next to Kwik Star
Standard status
Active
APN
891312351032
Lot size
1.05 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
NORTH CROSSING 2ND ADDITION LOT 2
Tax Annual Amount
49722
Legal Description
NORTH CROSSING 2ND ADDITION LOT 2
Building Details
Year built
2020
Listing Agency:
Lockard Realty Company
(319) 277-8000
Listed By:
Lindsey McEnaney
(563) 419-7644
Added: Aug 6, 2025
Changed: Oct 28
Last Checked: Oct 28 at 10:06PM
MLS# 20253776
Copyright © 2026 Northeast Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This freestanding restaurant and retail property contains approximately 3,081 square feet on a 1.05-acre lot. Built in 2020, the building includes a drive-through and dedicated entry and exit points, with parking on site.
The property is on HWY 63 in Waterloo, near UnityPoint Health Clinic, The Union’s 180-unit apartment complex, Walgreens, and Kwik Star.
The property is on HWY 63 in Waterloo, near UnityPoint Health Clinic, The Union’s 180-unit apartment complex, Walgreens, and Kwik Star.
Key Highlights
- Approximately 3,081 square feet on a 1.05‑acre lot
- Drive‑through restaurant and retail property, built in 2020
- C‑2 zoning
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$4.95 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
579
Businesses Nearby
56k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 54%
Dining 45%
Hotels & Casinos 1%
Groceries 1%
Kwik Trip
Shops & Services
30,218 visits/mo
0.1 miles
McDonald's
Dining
15,406 visits/mo
0.1 miles
Taco Bell
Dining
5,956 visits/mo
0.1 miles
SUBWAY
Dining
3,752 visits/mo
0.2 miles
Motel 6
Hotels & Casinos
512 visits/mo
0.3 miles
Demographics for 50703, IA
18,913
Population
8,705
Households
2.2
Avg Household Size
38
Median Age
13%
College-Educated
87%
High-School Grad
93.2 sq mi
ZIP Area
203
Density / Sq Mi
$49,412
Median Household Income
$33,105
Median Earnings
$926
Median Rent
$92,500
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Drive through restaurant - A freestanding restaurant and retail property with dedicated entry and exit points and C-2 zoning.
Where is this drive through restaurant located?
The property is located at 215 E Donald Street Waterloo, IA.
What is the lease rate?
The lease rate is $33 SF/Yr.
What are key features of this property?
This property features: Approximately 3,081 square feet on a 1.05‑acre lot; Drive‑through restaurant and retail property, built in 2020; C‑2 zoning
