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Multi-Tenant Office Building
New
For Lease
$6,420/Mo

7009 Nordic Drive, Cedar Falls, IA 50613

Commercial Lease, Cedar Falls, IA

Space SizeContact for details
Lot Size7.37 Acres
Days on Market1

Property Features for 7009 Nordic Drive

General Information

Property type Commercial Lease
Property subtype Office
Zoning M-1
Directions Located on Nordic Dr
Standard status Active
APN 891436328007
Lot size 7.37 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description CF INDUSTRIAL PARK PHASE XIV LOT 11 LOT 12 LOT 13 LOT 14
Tax Annual Amount 65770
Legal Description CF INDUSTRIAL PARK PHASE XIV LOT 11 LOT 12 LOT 13 LOT 14

Amenities

restrooms on both floors
oversized parking lot

Building Details

Year built 2003
Listing Agency: Lockard Realty Company
Listed By: Victoria Lockard · License #B6364900
Added: Oct 6 Last Checked: Oct 6 at 8:06PM
MLS# 20264834

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 2003 office property contains multiple tenant suites with open layouts and large rooms. An elevator connects the floors, and bathrooms are available on both levels. The 7.37-acre site includes an oversized parking area, while M-1 zoning is also noted for the property.

At 7009 Nordic Drive in Cedar Falls, the building sits just off Highway 58 and is surrounded by other businesses. The available suites are described as adaptable spaces for fitness classes, studio activity, or collaborative work, among other uses.

Key Highlights

  • 7.37‑acre property with a multi‑tenant office building
  • Built in 2003
  • Elevator access between floors; bathrooms available on both levels

Property Analytics

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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

Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Cedar Falls, IA

$14.04 /SF/Yr
Avg Asking Price
$6–$21 /SF/Yr
Price Range
4,834 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Office units - Elevator access and bathrooms at each level support circulation throughout the property.
Where is this office units located?
The property is located at 7009 Nordic Drive Cedar Falls, IA.
What is the lease rate?
The lease rate is $6,420/Mo.
What are key features of this property?
This property features: 7.37‑acre property with a multi‑tenant office building; Built in 2003; Elevator access between floors; bathrooms available on both levels
More about this property
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