6104 University Ave - Fast Food FOR SALE
Cedar Falls, IA 50613 |
$1,225,000 USD
605-941-3721
6104 University Ave
Cedar Falls, IA 50613
HIGHLIGHTS
- ±11 Years Remaining on an Absolute NNN Lease – There are approximately ±11 years remaining on an initial 20 year lease.
- Recent Remodels – Both the exterior and interior were remodeled in 2016 and 2022, providing a refreshed look to each.
- FMI Group Operator – Franchise Management Investors US, LLC operates ±55 KFC Units, proving their established operations.
- Strong Traffic Counts – Location benefits from strong traffic volumes along University Ave, seeing over 24,248+ vehicles per day.
- 5-Mile Population Exceeds ±78,236 – The 5-mile population as of 2025 is ±78,236
- Proximity to The University of Northern Iowa – Location benefits from immediate proximity (2.5 Miles) to the University of Northern Iowa
FOR SALE DETAILS
PRICE
$1,225,000 USD
PRICE/SF
$486 USD /SF
CAP RATE
7.38%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
KFC
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2004
SPRINKLERS
-
PARKING SPACES
25
LAND DETAILS
LAND ACRES
0.13 AC
LAND SF
5,663 SF
ZONING
C
APN/PARCEL ID
8913-18-379-033
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605-941-3721
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605-941-3721
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