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Medical Office Suite

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

For Lease
$12 SF/Yr CAM $5.50 /USD/SF/YR

C-2-zoned space includes a reception area, multiple offices, and dedicated exam rooms.

Space Size3,000 SF
Property Size10,900 SF
Days on Market462

Property Features for 2520 Melrose Drive #Suite L

General Information

Standard status Active
Size 3,000 SF
Net Rentable 3,000 SF
Zoning C-2
Lease Type NNN

Space & Availability

Available Space 3,000 SF
Contiguous Space 3,000 SF
Space Use Medical Office

Additional Details

CAM $5.50 /SF/YR

Taxes and HOA fees

Annual Taxes $37,594

Building Details

Building Size 10,900 SF
Year Built 1967
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

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Investment Insights

Based on property information with market context.

This 3,000-square-foot suite is configured for medical-related use, with three exam rooms, several offices, reception and waiting areas, an administrative area, two restrooms, and substantial storage. The finished space is part of a strip center built in 1967. NNN expenses apply.

Key Highlights

  • 3,000‑square‑foot suite in a strip center
  • Three large exam rooms and several offices
  • Reception and waiting areas, plus a separate administrative area

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

491
Businesses Nearby
Well-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

Similar Off Market Nearby

  • Cedar Heights Pet Clinic: Butterfield Janessa DVM — 5305 University Ave, Cedar Falls, IA 50613
  • Jorgensen George DVM — 5305 University Ave, Cedar Falls, IA 50613, United States
  • Endres Wayne a DVM — 5305 university ave, cedar falls, ia 50613
  • Peterson Jerry DVM — 5305 University Ave, Cedar Falls, IA 50613, United States
  • Schaul Craig DVM — 5305 University Ave, Cedar Falls, IA 50613

Frequently Asked Questions

What type of property is this?
Medical Office Space - C-2-zoned space includes a reception area, multiple offices, and dedicated exam rooms.
Where is this medical office space located?
The property is located at 2520 Melrose Drive #Suite L 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: 3,000‑square‑foot suite in a strip center; Three large exam rooms and several offices; Reception and waiting areas, plus a separate administrative area
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