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Two-Office Suite with Open Workspace

4807 University Avenue #205, Cedar Falls, IA 50613

For Lease
$775/Mo CAM $100 /USD/MO

The gross lease structure includes tenant-paid electricity and a contribution toward shared gas.

Space Size706 SF
Property Size13,414 SF
Days on Market634

Property Features for 4807 University Avenue #205

General Information

Standard status Active
Size 706 SF
Net Rentable 706 SF
Zoning c-2
Lease Type Gross

Space & Availability

Available Space 706 SF
Contiguous Space 706 SF
Floor 2
Space Use Office
Condition Move-in Ready
Private Offices 2

Additional Details

CAM $100 /MO

Taxes and HOA fees

Annual Taxes $41,477

Building Details

Building Size 13,414 SF
Year Built 1979
Listing Agency: Oakridge Real Estate
Listed By: Joshua Bey · License IA S453650
Source: Gnbrealestate
Added: Feb 14, 2025 Changed: Nov 8 Last Checked: Nov 9 at 8:31AM

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 Oakridge Real Estate

Rey
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Investment Insights

Based on property information with market context.

The second-floor office suite at Chalet Center measures 706 square feet and contains two private offices alongside an open work area. The building was constructed in 1979, and the suite is offered under a gross lease. The tenant pays electricity and contributes $100 per month toward shared gas.

Key Highlights

  • 706‑square‑foot office suite on the second floor
  • Two private offices plus an open collaborative workspace
  • Gross lease; tenant pays electricity and $100/month toward shared gas

Property Analytics

Who owns this building? See the owner, sales and loan history
Open 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

Gross
Lease Type

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Cedar Falls, IA

$12.57 /SF/Yr
Avg Asking Price
$3–$21 /SF/Yr
Price Range
12,324 SF
Avg Space Size

Average Price Trend$/SF/Yr for Office Units in Cedar Falls, IA

$12.36 Jul
$14.04 Aug
$14.04 Sep
$11.68 Oct

Properties on Market for Office Units in Cedar Falls

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office unit - The gross lease structure includes tenant-paid electricity and a contribution toward shared gas.
Where is this office unit located?
The property is located at 4807 University Avenue #205 Cedar Falls, IA.
What is the lease rate?
The lease rate is $775/Mo.
What are key features of this property?
This property features: 706‑square‑foot office suite on the second floor; Two private offices plus an open collaborative workspace; Gross lease; tenant pays electricity and $100/month toward shared gas
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