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Multi-Tenant Office Building
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7009 Nordic Dr, Cedar Falls, IA 50613

Multi-tenant office suites with elevator access and restrooms on both floors, supported by an oversized parking lot.

Space Size1,800 SF
Property Size32,233 SF
Days on Market288

Property Features for 7009 Nordic Dr

General Information

Standard status Active
Size 1,800 SF
Class A
Property subtype Office
Lease Type Gross

Additional Details

Highway Access Yes

Amenities

restrooms on both floors
elevator access
oversized parking lot

Building Details

Building Size 32,233 SF
Year Built 2003
Stories 2
Tenancy Single

Spaces For Lease

at 7009 Nordic Dr Contact us

Available Space

Size
1,800 SF
Availability
Active
Contact us
Listing Agency: Lockard Realty
Listed By: Tori Lockard · License #IA B6364900
Source: Crexi
Added: Nov 21, 2025 Changed: Sep 4 Last Checked: Sep 4 at 10:41AM

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 Lockard Realty

Investment Insights

Based on property information with market context.

This multi-tenant commercial office building offers open-concept suites with large, adaptable rooms. The property is designed for day-to-day convenience with restrooms on both floors and elevator access for easier movement between levels. An oversized parking lot supports tenant and customer parking.

The building is located in the Cedar Falls Industrial Park and sits just off Highway 58, the main thoroughfare of Cedar Falls, providing straightforward access and visibility. It is surrounded by other thriving businesses in the area.

Available suites are suitable for a range of studio- and workspace-style uses, including fitness and workout environments, aerobic or yoga class space, art studios, photography or videography setups, and collaborative work areas.

Key Highlights

  • Multi‑tenant commercial office building built in 2003
  • Suites include elevator access with restrooms on both floors
  • Off Highway 58 in Cedar Falls Industrial Park for easy access

Property Analytics

Current Use

Allison's Dance Center Training Center Krickyfit Gym & Fitness Center Précision Nails Nail Salon

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Real Estate Agency Locksmith (Bike/Boat/Book/etc) Store Law Firm

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
$23.99 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

225
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

$14.04 /SF/Yr
Avg Asking Price
$6–$21 /SF/Yr
Price Range
3,992 SF
Avg Space Size

This space is priced 1040% above the average of $14.04 /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
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Frequently Asked Questions

What type of property is this?
Office units - Multi-tenant office suites with elevator access and restrooms on both floors, supported by an oversized parking lot.
Where is this office units located?
The property is located at 7009 Nordic Dr Cedar Falls, IA.
What is the lease rate?
The lease rate is $159.96 SF/Yr.
What are key features of this property?
This property features: Multi‑tenant commercial office building built in 2003; Suites include elevator access with restrooms on both floors; Off Highway 58 in Cedar Falls Industrial Park for easy access
More about this property
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