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Second-Floor Office Unit
For Lease
$660/Mo CAM $100 /USD/MO

4807 University Avenue, Cedar Falls, IA 50613

Commercial Lease, Cedar Falls, IA

Space Size601 SF
Lot Size1.70 Acres
Days on Market554

Property Features for 4807 University Avenue

General Information

Property type Commercial Lease
Property subtype Office
Zoning c-2
Subdivision The Chalet Center
Directions Located on the south side of University Ave, near Community Motors.
Standard status Active
APN 891320153001
Lot size 1.70 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description UNPLATTED C F THAT PART OF THE W 1/2 SW 1/4 NW 1/4 SEC 20 T 89 R 13 BOUNDED AS FOL COMM AT THE MOST NLY COR OF CHAPMAN'S 1ST ADD TH SELY ALONG THE NELY LINE OF SAID ADDITION TO THE NE COR OF SAID ADD TH N ALONG AN EXTENDED E LINE OF SAID ADD TO THE S WLY
Tax Annual Amount 41477
Legal Description UNPLATTED C F THAT PART OF THE W 1/2 SW 1/4 NW 1/4 SEC 20 T 89 R 13 BOUNDED AS FOL COMM AT THE MOST NLY COR OF CHAPMAN'S 1ST ADD TH SELY ALONG THE NELY LINE OF SAID ADDITION TO THE NE COR OF SAID ADD TH N ALONG AN EXTENDED E LINE OF SAID ADD TO THE S WLY

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Cooling system Central Air

Amenities

common restrooms

Building Details

Year built 1979
Flooring type Carpet
Roof type Metal
Listing Agency: Oakridge Real Estate
Listed By: Joshua Bey · License #S453650
Added: Feb 14, 2025 Changed: Aug 19 Last Checked: Aug 22 at 11:06AM
MLS# 20250624

Copyright © 2026 Northeast Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 601-square-foot office unit occupies the second floor of a commercial building in Cedar Falls, Iowa. The space has carpeted flooring, central air conditioning, and forced-air heating powered by natural gas. Common restrooms are located nearby for tenant use.

The property was constructed in 1979 and is served by public sewer. A metal roof completes the building improvements. The lease structure is gross, with the tenant responsible for electric service and a shared gas contribution. C-2 zoning supports the property's commercial office setting.

Key Highlights

  • 601‑square‑foot second‑floor office unit
  • Gross lease structure with tenant‑paid electric service
  • Carpeted interior with central air conditioning

Property Analytics

Current Use

QuickHIT Fitness - Waterloo Gym & Fitness Center Judy Schindel, CPA Accounting Firm Hair It Is Hair Salon Upper Iowa University ... Training Center Hertz Car Rental ... Car Rental Facility

Suggested Use

Top Pick Law Firm Building Supply Spa & Massage Center Hair Salon HVAC Service Electrical Service

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
$1.98 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

519
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

Market

Lease Benchmarks for Cedar Falls, IA

$13.75 /SF/Yr
Avg Asking Price
$6–$24 /SF/Yr
Price Range
4,963 SF
Avg Space Size

This space is priced 4% below the average of $13.75 /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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Carpeted office suite with central air, forced-air heating, and shared restrooms nearby.
Where is this office units located?
The property is located at 4807 University Avenue Cedar Falls, IA.
What is the lease rate?
The lease rate is $660/Mo.
What are key features of this property?
This property features: 601‑square‑foot second‑floor office unit; Gross lease structure with tenant‑paid electric service; Carpeted interior with central air conditioning
More about this property
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