6200 University Ave - Freestanding FOR SALE
Cedar Falls, IA 50613 |
$998,228 USD
818-206-4468
6200 University Ave
Cedar Falls, IA 50613
HIGHLIGHTS
- NNN lease structure with tenant responsible for roof, parking lot, HVAC, taxes, insurance, and maintenance
- Brand new renewal exercised in April 2026 bringing remaining lease term to slightly more than 5 years
- Located within Cedar Falls' dominant retail corridor anchored by major national retailers
- Within 2 miles of University of Northern Iowa with approximately 10,000 students
- Major intersection location with combined traffic count of 42,000 cars per day
- Advance Auto Parts operates more than 4,000 locations across North America
FOR SALE DETAILS
PRICE
$998,228 USD
PRICE/SF
$152 USD /SF
CAP RATE
6.35%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1969
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.43 AC
LAND SF
18,731 SF
ZONING
-
APN/PARCEL ID
8913-18-355-005
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818-206-4468
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818-206-4468
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