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Office Suite with Flexible Workspace
For Lease
$3-$17 SF/Yr CAM $5.65 /USD/SF/YR

208 Main Street, Cedar Falls, IA 50613

A multi-level layout combines private offices with open areas for meetings and flexible work.

Space Size1,367 SF - 3,516 SF
Property Size7,220 SF
Days on Market23

Property Features for 208 Main Street

General Information

Standard status Active
Size 1,367 SF - 3,516 SF
Net Rentable 1,367 SF
Property subtype Office
Lease Type NNN

Space & Availability

Available Space 1,367-3,516 SF
Contiguous Space 3,516 SF
Space Use Office

Lease Terms

Monthly Rent $879-$1,936
Rent per SF/Year $3-$17
CAM $5.65 /SF/YR

Taxes and HOA fees

Annual Taxes $42,248

Building Details

Building Size 7,220 SF
Year Built 2008
Listing Agency: Fischels Commercial Group
Listed By: Christopher Fischels · License #B44779000
Source: Karensteffeshomes
Added: Oct 5 Changed: Oct 26 Last Checked: Oct 26 at 2:26PM

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 Fischels Commercial Group

Rey
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Investment Insights

Based on property information with market context.

The office offering includes 1,367 square feet on the main level and 3,516 square feet below. Four private offices and an open flex area occupy the main floor, while the lower level provides kitchen space and a meeting area with additional room for flexible use. The building dates to 2008 and incorporates original elements alongside updated finishes.

The property is at 208 Main Street in downtown Cedar Falls, Iowa.

Key Highlights

  • 1,367 square feet on the main level and 3,516 square feet on the lower level
  • Main floor has four individual offices plus open flex space
  • Lower level includes kitchen space and a meeting area with additional flex space

Property Analytics

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Current Use

Far Reach (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Big Box & Wholesale Store HVAC Service Grocery & Convenience Store Garden Center (Bike/Boat/Book/etc) Store Storage Facility

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
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

708
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Cedar Falls, IA

$14.47 /SF/Yr
Avg Asking Price
$6–$21 /SF/Yr
Price Range
6,925 SF
Avg Space Size

This space is priced 31% below the average of $14.47 /SF/Yr.

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

Frequently Asked Questions

What type of property is this?
Office unit - A multi-level layout combines private offices with open areas for meetings and flexible work.
Where is this office unit located?
The property is located at 208 Main Street Cedar Falls, IA.
What is the lease rate?
The lease rate is $17 SF/Yr.
What are key features of this property?
This property features: 1,367 square feet on the main level and 3,516 square feet on the lower level; Main floor has four individual offices plus open flex space; Lower level includes kitchen space and a meeting area with additional flex space
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