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Retail/Office Space at Thunder Ridge
For Lease
$12 SF/Yr

2302 W 1ST ST, Cedar Falls, IA 50613

Retail/Office space available in Cedar Falls shopping mall.

Space Size840 SF - 29,264 SF
Property Size96,191 SF
Days on Market260

Property Features for 2302 W 1ST ST

General Information

Standard status Active
Size 840 SF - 29,264 SF
Property subtype Retail
Lease Type SF/yr
Lease Term NNN

Building Details

Building Size 96,191 SF
Year Built 1980

Spaces For Lease

at 2302 W 1ST ST Contact us

Thunder Ridge Court Big Box $12/SF/Yr

Size
29,264 SF
Type
Neighborhood Center
Term
60 - 120 months
Contact us

Former Home Interiors Furniture and Design $12/SF/Yr

Size
10,672 SF
Type
Neighborhood Center
Term
Negotiable
Contact us

Lower Level - Former Nitrous Office Space $12/SF/Yr

Size
1,653 SF
Term
Negotiable
Contact us

Lower Level Former Angel Blessing $12/SF/Yr

Size
1,545 SF
Term
Negotiable
Contact us

Lower Lever Former Jewelry Store $12/SF/Yr

Size
2,916 SF
Term
Negotiable
Contact us

The Offices at Thunder Ridge (Lower Level) $12/SF/Yr

Size
3,170 SF
Term
Negotiable
Contact us

The Offices at Thunder Ridge (Upper Level) $840/Mo

Size
840 SF
Term
Negotiable
Contact us
Listing Agency: NAI Iowa Realty Commercial
Listed By: Jeremy Tipton, CCIM · License #B59800000
Source: Naiglobal
Added: Nov 21, 2025 Changed: Aug 8 Last Checked: Aug 8 at 12:09PM

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 NAI Iowa Realty Commercial

Investment Insights

Based on property information with market context.

Retail and office spaces are available for rent at Thunder Ridge Mall, situated on Highway 57 at the intersection of 1st Avenue and Magnolia Drive in Cedar Falls, Iowa. The property is located near CVS, Walgreens, and Fareway Grocery Stores. Tenant improvement allowance is available with longer term lease agreements. The property is part of a larger shopping mall encompassing 96191 square feet.

Key Highlights

  • Prime Location: Situated at the corner of 1st Avenue and Magnolia Drive on Highway 57 in Cedar Falls.
  • High‑Traffic Area: Located next to CVS, Walgreen's, and Fareway Grocery Stores.
  • Retail/Office Space: Suitable for both retail and office businesses.

Property Analytics

Current Use

Heartland Financial Services ... Financial Advisor Proforma Xtreme Film Production ToolsQuik (Bike/Boat/Book/etc) Store The Touch of Wellness Massage ... Alternative Medicine Practice Auuvo LLC Auto Repair Shop

Suggested Use

Top Pick Law Firm Hair Salon Nail Salon Real Estate Agency Auto Repair Shop Restaurant

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
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

291
Businesses Nearby
41k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 47% Groceries 35% Dining 16% Beauty & Spa 1%
Fareway Groceries
14,356 visits/mo 0.2 miles
Cedar Falls #6 Shops & Services
11,788 visits/mo 0.4 miles
Veridian Credit Union Shops & Services
4,574 visits/mo 0.1 miles
SUBWAY Dining
3,513 visits/mo 0.4 miles
Pita Pit Dining
3,155 visits/mo 0.3 miles

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Shopping mall - Retail/Office space available in Cedar Falls shopping mall.
Where is this shopping mall located?
The property is located at 2302 W 1ST ST Cedar Falls, IA.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Prime Location: Situated at the corner of 1st Avenue and Magnolia Drive on Highway 57 in Cedar Falls.; High‑Traffic Area: Located next to CVS, Walgreen's, and Fareway Grocery Stores.; Retail/Office Space: Suitable for both retail and office businesses.
More about this property
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