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Flex Space with Overhead Doors
New
For Lease
$6,150/Mo

5814 Westminster Drive, Cedar Falls, IA 50613

Commercial Lease, Cedar Falls, IA

Space Size10,000 SF
Lot Size2.74 Acres
Days on Market1

Property Features for 5814 Westminster Drive

General Information

Property type Commercial Lease
Property subtype Office
Zoning C
Directions Viking Rd. to Westminster
Standard status Active
APN 891426477006
Lot size 2.74 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description CF Industrial Park Phase VII Lot 31 Lot 32 City of cedar Falls County of Black Hawk State of Iowa (See abstract for Complete Legal Description)
Tax Annual Amount 47268
Legal Description CF Industrial Park Phase VII Lot 31 Lot 32 City of cedar Falls County of Black Hawk State of Iowa (See abstract for Complete Legal Description)

Utilities

Utilities Water Available
Sewer type Public Sewer
Heating system Natural Gas
Cooling system Central Air

Amenities

private offices
overhead doors

Building Details

Year built 2000
Flooring type Concrete
Building materials Steel/ST Fram
Roof type Metal
Listing Agency: Berkshire Hathaway Home Serv · Berkshire Hathaway HomeServices
Listed By: Jason Strelow
Added: Oct 20 Last Checked: Oct 20 at 10:06PM
MLS# 20265101

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.

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Investment Insights

Based on property information with market context.

This 10,000-square-foot flex property combines approximately 8,000 square feet of warehouse and industrial area with 2,000 square feet of office and retail space. The office portion includes three private offices. Three overhead doors, each 14 feet tall by 12 feet wide, serve the warehouse area. Steel-frame construction, concrete flooring, natural gas heat and central air round out the building features. The property was built in 2000 and has C zoning.

Set on 2.74 acres in Cedar Falls Industrial Park, the site is near Highway 20. Water is available, public sewer serves the property, and on-site parking is provided. The space is suited to office or retail, light industrial, and warehouse uses.

Key Highlights

  • Approximately 10,000 square feet, including 8,000 square feet of warehouse/industrial space and 2,000 square feet of office/retail space
  • Three overhead doors measuring 14' tall x 12' wide
  • Three private offices in the office/retail area

Property Analytics

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Current Use

Ruby Gymnastics Academy ... Gym & Fitness Center Cambrian Granite & Stone Kitchen & Bath Showroom Griffith Construction Construction Company

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Auto Parts Store Garden Center (Bike/Boat/Book/etc) Store

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

Yes
Highway access
NNN (Triple Net)
Lease Type
$1.11 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

241
Businesses Nearby
Under-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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - A split office and warehouse layout supports a range of commercial operations.
Where is this flex space located?
The property is located at 5814 Westminster Drive Cedar Falls, IA.
What is the lease rate?
The lease rate is $6,150/Mo.
What are key features of this property?
This property features: Approximately 10,000 square feet, including 8,000 square feet of warehouse/industrial space and 2,000 square feet of office/retail space; Three overhead doors measuring 14' tall x 12' wide; Three private offices in the office/retail area
More about this property
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