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Drive-Through Restaurant

805 Franklin St, Waterloo, IA 50703

For Lease
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Restaurant space features drive-through service, on-site parking, and a pylon sign.

Space Size2,597 SF
Lot Size0.86 Acres
Days on Market50

Property Features for 805 Franklin St

General Information

Standard status Active
Size 2,597 SF
Net Rentable 2,597 SF
Lot size 0.86 Acres
Property subtype RETAIL
Lease Type NNN

Space & Availability

Available Space 2,597 SF
Contiguous Space 2,597 SF
Space Use Restaurant

Site & Location

Drive-Thru Yes
Pylon Signage Yes

Spaces For Lease

at 805 Franklin St
Restaurant Building For Lease $30/SF/Yr
Floor 1
Size 2,597 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE
Located in Waterloo, IA the county seat of Black Hawk County. Situated on the north end of Downtown Waterloo near City Hall, County Courthouse, and Riverfront Attractions just south of Waterloo East High School. Property includes a 2,597 SF Restaurant with drive thru, over 40 parking spots and pylon sign on 0.86 ACs. High traffic corner of Franklin St and E 6th which combine for over 15,000 AADT
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Listing Agency: NAI Iowa Realty Commercial
Listed By: Daniel Dempsey
Source: Moodyscre
Added: Sep 22 Changed: Nov 5 Last Checked: Nov 8 at 5:33AM

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 NAI Iowa Realty Commercial

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Investment Insights

Based on property information with market context.

This 2,597-square-foot restaurant property occupies 0.86 acres and includes drive-through service, more than 40 parking spaces, and a pylon sign. The site is positioned at the Franklin Street and East 6th Street corner in Waterloo, Iowa.

The property sits near City Hall, the Black Hawk County Courthouse, and riverfront attractions, with Waterloo East High School to the north. Franklin Street and East 6th Street together carry more than 15,000 AADT.

Key Highlights

  • 2,597‑square‑foot restaurant with drive‑through service
  • 0.86‑acre site with more than 40 parking spaces
  • Pylon sign on the property

Property Analytics

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Open Analytics

Current Use

Hardee's Restaurant

Suggested Use

Top Pick Big Box & Wholesale Store Pharmacy Real Estate Agency Storage Facility Garden Center Skin Care Clinic

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

NNN (Triple Net)
Lease Type
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

949
Businesses Nearby
18k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 56% Dining 35% Home Improvements & Furnishings 5% Groceries 4%
Hardee's Dining
6,419 visits/mo 0.1 miles
Dollar General Shops & Services
4,963 visits/mo 0.4 miles
Cenex Shops & Services
2,650 visits/mo 0.3 miles
Advance Auto Parts Shops & Services
1,645 visits/mo 0.4 miles
Regions Bank Shops & Services
976 visits/mo 0.4 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

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?
Drive through restaurant - Restaurant space features drive-through service, on-site parking, and a pylon sign.
Where is this drive through restaurant located?
The property is located at 805 Franklin St Waterloo, IA.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: 2,597‑square‑foot restaurant with drive‑through service; 0.86‑acre site with more than 40 parking spaces; Pylon sign on the property
(515) 306-0794 · Office Call to check price and availability
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