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    Black Hawk County, IA 1031 Exchange Properties for Sale

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    Des Moines, IA Cedar Rapids, IA Waterloo, IA Sioux City, IA Iowa City, IA Dubuque, IA Davenport, IA Cedar Falls, IA
    Auto Service Center NNN Lease
    Updated: Apr 11
    Auto Service Center NNN Lease

    5215 University Ave, Cedar Falls, IA 50613

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    1,920 sqft
    1,920 SF Jiffy Lube in Cedar Falls, Iowa on a 40‑year absolute NNN lease
    5 years remaining on the primary lease term with four (4) 5‑year options; 5% rental increases on each option
    Rent commenced 4/1/1987; lease extended twice for an additional 10 years each
    Lease is corporately guaranteed by Shell and structured to leave zero landlord responsibilities
    Listed cap rate of 6.50% based on NOI of $42,885
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    Based on your search, we've compiled 1 Potential Opportunities for your consideration. Besides 1 Active listings in Black Hawk County, IA, we suggest exploring several alternatives:

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    Explore 1 1031 exchange properties for sale in Black Hawk County, IA on our real estate platform. These investment opportunities span a total of 1,920 square feet of properties for sale.

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