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Divisible Retail Suite with Open Layout
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2520 Melrose Drive, Cedar Falls, IA 50613

A 2,500 SF retail suite in a strip center with flexible open space and strong signage opportunities.

Property Size10,900 SF
Price / SF$0.01
Days on Market378

Property Features for 2520 Melrose Drive

General Information

Standard status Active
Size 10,900 SF
Property subtype Commercial
Zoning C-2
Lease Type Net

Taxes and HOA fees

Annual Taxes $37,594

Amenities

Concrete
Close to Shopping
City Street,Paved 4Lane
1.03
10900

Building Details

Building Size 10,900 SF
Year Built 1967
Stories 1
Listing Agency: Robertson Real Estate Inc
Listed By: Jaime Hymer
Source: Pinnaclerealtyia
Added: Aug 5, 2025 Changed: Aug 16 Last Checked: Aug 16 at 3:25AM

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 Robertson Real Estate Inc

Investment Insights

Based on property information with market context.

This offering is a 2,500 SF retail space located within a strip center. The unit features an open layout that can be customized for a range of retail concepts. The space is also noted as being divisible if necessary, providing flexibility for smaller occupancies or staged build-outs.

The property is described as conveniently located just off University Ave at 2520 Melrose Drive in Cedar Falls, IA. The site includes ample parking, supporting tenant and customer access, and is positioned to allow for strong signage opportunities.

For buyers or tenants evaluating a small-format retail presence, the combination of an open interior, potential divisibility, and on-site parking can help simplify space planning and branding. The property is presented as an NNN listing, with estimated NNN expenses of $5.50 per SF, which should be reviewed as part of any operating-cost assumptions.

Key Highlights

  • 2,500 SF retail suite in a strip center just off University Ave
  • Space includes an open area that can be customized for your needs
  • Suite can be divided if necessary

Property Analytics

Current Use

Escapology Escape Rooms ... Arcade & Gaming Center handy laundry (Bike/Boat/Book/etc) Store Dr. Susan C. ... Physician Absolute Beauty Hair Salon

Suggested Use

Top Pick Law Firm Electrical Service Dental Office (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

491
Businesses Nearby
325k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 70% Apparel 17% Shops & Services 9% Home Improvements & Furnishings 3%
Kohl's Apparel
55,060 visits/mo 0.5 miles
Texas Roadhouse Dining
34,881 visits/mo 0.4 miles
Starbucks Dining
20,749 visits/mo 0.4 miles
Buffalo Wild Wings Dining
17,462 visits/mo 0.3 miles
Sakura Japanese Restaurant Dining
16,766 visits/mo 0.5 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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - A 2,500 SF retail suite in a strip center with flexible open space and strong signage opportunities.
Where is this retail space located?
The property is located at 2520 Melrose Drive Cedar Falls, IA.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: 2,500 SF retail suite in a strip center just off University Ave; Space includes an open area that can be customized for your needs; Suite can be divided if necessary
More about this property
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