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Retail Space in Cedar Falls
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2520 Melrose Dr, Cedar Falls, IA 50613

Conveniently located retail space with ample parking and signage.

Space Size2,500 SF
Property Size10,900 SF
Days on Market633

Property Features for 2520 Melrose Dr

General Information

Standard status Active
Size 2,500 SF
Property subtype Retail
Lease Type Net

Building Details

Building Size 10,900 SF
Year Built 1967
Tenancy Multiple

Spaces For Lease

at 2520 Melrose Dr Contact us

2520 Melrose Drive Suite A

Size
2,500 SF
Type
Retail
Lease Type
Net
Availability
Active
Contact us
Listing Agency: The Fischels Group
Listed By: Chris Fischels · License #IA B44779000
Source: Crexi
Added: Dec 9, 2024 Changed: Sep 3 Last Checked: Sep 2 at 2:59PM

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 The Fischels Group

Investment Insights

Based on property information with market context.

This retail space is situated in a conveniently located strip center just off University Ave in Cedar Falls, Iowa. The site provides ample parking and strong signage opportunities for tenants. NNN expenses are estimated at $5.50 per square foot.

Key Highlights

  • Convenient location just off University Ave.
  • Ample parking available.
  • Strong signage opportunities.

Property Analytics

Current Use

Escapology Escape Rooms ... Arcade & Gaming Center handy laundry (Bike/Boat/Book/etc) Store Dr. Susan C. ... Physician Absolute Beauty Hair Salon

Suggested Use

Top Pick Law Firm Electrical Service Dental Office (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Food Market

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

491
Businesses Nearby
325k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 70% Apparel 17% Shops & Services 9% Home Improvements & Furnishings 3%
Kohl's Apparel
55,060 visits/mo 0.5 miles
Texas Roadhouse Dining
34,881 visits/mo 0.4 miles
Starbucks Dining
20,749 visits/mo 0.4 miles
Buffalo Wild Wings Dining
17,462 visits/mo 0.3 miles
Sakura Japanese Restaurant Dining
16,766 visits/mo 0.5 miles

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

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Strip mall - Conveniently located retail space with ample parking and signage.
Where is this strip mall located?
The property is located at 2520 Melrose Dr Cedar Falls, IA.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Convenient location just off University Ave.; Ample parking available.; Strong signage opportunities.
(319) 234-5000 Call to check price and availability
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