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    4116 University Ave Cedar Falls, IA 50613

    Sponsored
    For Lease
    $11 SF/Yr ($7,636 /Mo)

    Cedar Falls Retail/Office Space Available

    Lot size:
    8,331 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Midway Mall, located at 4116 University Avenue in Cedar Falls, Iowa, presents a prime opportunity for retail or office businesses. This well-maintained, centrally located retail center boasts 8,331 square feet of space on 1.02 acres of land (APN: 891320178005). Currently, 5,694 square feet are available, divisible into units ranging from 1,328 to 4,366 square feet, including two desirable end-cap spaces. The property enjoys high visibility on University Avenue, a busy thoroughfare near established businesses such as Tractor Supply, Pizza Ranch, and The Other Place, ensuring excellent foot traffic and brand exposure. The flexible space is ideal for a variety of uses, catering to both retail and office tenants. Estimated Net, Net, Net (NNN) expenses are $5.43 per square foot. This property offers a compelling combination of location, size, and versatility, making it an attractive investment for businesses seeking a strong presence in the Cedar Falls market. The property's address is 4116 University Ave, Cedar Falls, IA 50613.

    Property Features for 4116 University Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,331 SF
    Total Rate
    7636.75

    Unit(s) available at that property

    Space
    Suite 102
    Size
    1,420 SF
    Rate per SF
    $11
    Space
    Suite 101
    Size
    1,526 SF
    Rate per SF
    $13
    Space
    Suite 103
    Size
    1,420 SF
    Rate per SF
    $11
    Space
    Suites 101-103
    Size
    4,366 SF
    Rate per SF
    $11
    Space
    Suite 106
    Size
    1,328 SF
    Rate per SF
    $13

    HighLights

    • 8,331 square feet retail/office center on 1.02 acres in Cedar Falls, IA.
    • 5,694 square feet available, divisible into units from 1,328 to 4,366 square feet, including end‑cap spaces.
    • High‑visibility location on University Avenue near established businesses.
    • Estimated NNN expenses: $5.43/SF.
    • Property address: 4116 University Ave, Cedar Falls, IA 50613.
    Property Profile Location Intelligence

    Current Use by Public Records

    Kwik Spirits Convenience Store Chec King Payday ... Loan Agency Lovely Nails Nail Salon

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Falls
    County
    Black Hawk
    State
    Iowa
    Longitude
    -92.407535657611
    Latitude
    42.506177128003

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    FAQs

    What type of property is this?
    Office Property / Space - Cedar Falls Retail/Office Space Available
    Where is this office property / space located?
    The property is located at 4116 University Ave Cedar Falls, IA.
    What is the lease rate?
    The lease rate is $11-$13 SF/Yr.
    What are key features of this property?
    This property features: 8,331 square feet retail/office center on 1.02 acres in Cedar Falls, IA.; 5,694 square feet available, divisible into units from 1,328 to 4,366 square feet, including end-cap spaces.; High-visibility location on University Avenue near established businesses.
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    Cedar Falls, IA 50613
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4116 University Ave Cedar Falls, IA 50613
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