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Divisible Retail Suite

2520 Melrose Drive #Suite A, Cedar Falls, IA 50613

For Lease
$20 SF/Yr CAM $5.50 /USD/SF/YR

The open interior can be partitioned to suit a tenant’s space requirements.

Space Size2,500 SF
Property Size10,900 SF
Days on Market462

Property Features for 2520 Melrose Drive #Suite A

General Information

Standard status Active
Size 2,500 SF
Net Rentable 2,500 SF
Zoning C-2
Lease Type NNN

Space & Availability

Available Space 2,500 SF
Contiguous Space 2,500 SF
Divisible Yes
Space Use Retail

Additional Details

CAM $5.50 /SF/YR

Taxes and HOA fees

Annual Taxes $37,594

Amenities

ample parking
signage opportunities

Building Details

Building Size 10,900 SF
Year Built 1967
Tenancy Multi
Listing Agency: Fischels Commercial Group
Listed By: Chris Fischels · License IA B44779000
Source: Gnbrealestate
Added: Aug 5, 2025 Changed: Nov 8 Last Checked: Nov 9 at 10:06AM

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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

A 2,500-square-foot retail suite is available in a strip center built in 1967. Its open interior can be divided, allowing the layout to be adjusted. The property is zoned C-2 and offered for rent on an NNN basis.

The center is located just off University Avenue in Cedar Falls. On-site parking and signage opportunities are part of the property.

Key Highlights

  • 2,500‑square‑foot retail suite
  • Space can be divided
  • Open interior layout

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.

Lease Details

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

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

Lease Benchmarks for Cedar Falls, IA

$22.3 /SF/Yr
Avg Asking Price
$5.09–$35 /SF/Yr
Price Range
12,790 SF
Avg Space Size

This space is priced 10% below the average of $22.3 /SF/Yr.

Average Price Trend$/SF/Yr for Retail space in Cedar Falls, IA

$15.75 Jul
$18.98 Aug
$22.3 Sep
$21.74 Oct

Properties on Market for Retail space in Cedar Falls

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Midwest region

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

Frequently Asked Questions

What type of property is this?
Retail space - The open interior can be partitioned to suit a tenant’s space requirements.
Where is this retail space located?
The property is located at 2520 Melrose Drive #Suite A Cedar Falls, IA.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: 2,500‑square‑foot retail suite; Space can be divided; Open interior layout
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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