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Daylight Flex Suite
For Lease
$4,600/Mo

4807 University Avenue, Cedar Falls, IA 50613

Commercial Lease, Cedar Falls, IA

Space Size4,906 SF
Lot Size1.70 Acres
Days on Market568

Property Features for 4807 University Avenue

General Information

Property type Commercial Lease
Property subtype Office
Zoning c-2
Subdivision The Chalet Center
Directions Located on the south side of University Ave, next to Community Motors.
Standard status Active
APN 891320153001
Lot size 1.70 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description UNPLATTED C F THAT PART OF THE W 1/2 SW 1/4 NW 1/4 SEC 20 T 89 R 13 BOUNDED AS FOL COMM AT THE MOST NLY COR OF CHAPMAN'S 1ST ADD TH SELY ALONG THE NELY LINE OF SAID ADDITION TO THE NE COR OF SAID ADD TH N ALONG AN EXTENDED E LINE OF SAID ADD TO THE S WLY
Tax Annual Amount 41477
Legal Description UNPLATTED C F THAT PART OF THE W 1/2 SW 1/4 NW 1/4 SEC 20 T 89 R 13 BOUNDED AS FOL COMM AT THE MOST NLY COR OF CHAPMAN'S 1ST ADD TH SELY ALONG THE NELY LINE OF SAID ADDITION TO THE NE COR OF SAID ADD TH N ALONG AN EXTENDED E LINE OF SAID ADD TO THE S WLY

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Cooling system Central Air

Building Details

Year built 1979
Flooring type Carpet
Roof type Metal
Listing Agency: Oakridge Real Estate
Listed By: Joshua Bey · License #S453650
Added: Feb 14, 2025 Changed: Sep 3 Last Checked: Sep 5 at 9:06PM
MLS# 20250623

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.

Investment Insights

Based on property information with market context.

This 4,906-square-foot lower-level flex suite at 4807 University Avenue includes daylight windows, carpeted flooring, multiple separated rooms, and 3 private bathroom stalls. The layout can accommodate office or storage/warehouse use, with entry available through the building lobby or directly from the rear walk-out basement. Two overhead doors are present—one inside the suite and one in a shared common area—but both are currently covered and non-functioning.

Parking includes 15 stalls at the rear, 1 handicap stall, and additional spaces in front of the building. The property is zoned c-2 and was built in 1979, with forced-air natural gas heat, central air, public sewer, and a metal roof. The lease is structured as gross, with the tenant responsible for utilities.

Key Highlights

  • 4,906 SF lower‑level flex suite with daylight windows
  • Office or storage/warehouse configuration with multiple separated spaces
  • Rear walk‑out basement entry plus access through the interior lobby

Property Analytics

Current Use

QuickHIT Fitness - Waterloo Gym & Fitness Center Judy Schindel, CPA Accounting Firm Hair It Is Hair Salon Upper Iowa University ... Training Center Hertz Car Rental ... Car Rental Facility

Suggested Use

Top Pick Law Firm Building Supply Spa & Massage Center Hair Salon HVAC Service Electrical Service

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
$1.69 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

519
Businesses Nearby
Under-served
Demand for This Use

Demographics for 50613, IA

43,667
Population
17,808
Households
2.5
Avg Household Size
32
Median Age
48%
College-Educated
97%
High-School Grad
127.6 sq mi
ZIP Area
342
Density / Sq Mi
$75,642
Median Household Income
$33,099
Median Earnings
$1,176
Median Rent
$258,300
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Lower-level commercial suite with flexible office or storage use, multiple rooms, bathrooms, and separate exterior access.
Where is this flex space located?
The property is located at 4807 University Avenue Cedar Falls, IA.
What is the lease rate?
The lease rate is $4,600/Mo.
What are key features of this property?
This property features: 4,906 SF lower‑level flex suite with daylight windows; Office or storage/warehouse configuration with multiple separated spaces; Rear walk‑out basement entry plus access through the interior lobby
More about this property
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