2016 College St Cedar Falls, IA 50613
Sponsored
Property size:
1,408 SF- Added:
- Dec 11, 2024
- Days on Market:
- 397
Property Features for 2016 College St
General Information
- Property type
- Restaurants
- Square Feet
- 1,408 SF
- Class
- B
- Lot Size
- 1,742 SF
Building Details
- Year Built/Renovated
- 1914/2013
- Buildings
- 1
- Stories
- 2
HighLights
- Long‑term, Net Lease retail tenant: Nationally recognized Jimmy John's occupies the ground floor with over 10 years remaining on their lease, recently extending it for another 15 years.
- Triple Net (NNN) Lease: Retail tenant is on a NNN lease, passing through most operating expenses to the tenant.
- Prime University Location: Adjacent to Northern Iowa University (UNI), with over 9,000 students, and near local schools, creating high demand for both retail and residential units.
- Dense Residential Area: Located in a high‑density residential area with low vacancy rates (approx. 3%), ensuring consistent rental income from the multi‑family units.
Property Profile
Location Intelligence
Current Use by Public Records
Jimmy John's
Caterer
Location Insight
- Map
- Local Demand
- City
- Cedar Falls
- County
- Black Hawk
- State
- Iowa
- Longitude
- -92.4555119
- Latitude
- 42.5191992
Nearby Similar for Sale
FAQs
Where is this restaurant located?
The property is located at 2016 College St Cedar Falls, IA.
What is the asking price?
The asking price for this property is $720,000.
What are key features of this property?
This property features: Long-term, Net Lease retail tenant: Nationally recognized Jimmy John's occupies the ground floor with over 10 years remaining on their lease, recently extending it for another 15 years.; Triple Net (NNN) Lease: Retail tenant is on a NNN lease, passing through most operating expenses to the tenant.; Prime University Location: Adjacent to Northern Iowa University (UNI), with over 9,000 students, and near local schools, creating high demand for both retail and residential units.
