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Cedar Falls, IA NNN Properties for Sale

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Auto Service Center NNN Lease
Updated: Apr 11
Auto Service Center NNN Lease

5215 University Ave, Cedar Falls, IA 50613

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1,920 sqft
1,920 SF Jiffy Lube in Cedar Falls, Iowa on a 40‑year absolute NNN lease
5 years remaining on the primary lease term with four (4) 5‑year options; 5% rental increases on each option
Rent commenced 4/1/1987; lease extended twice for an additional 10 years each
Lease is corporately guaranteed by Shell and structured to leave zero landlord responsibilities
Listed cap rate of 6.50% based on NOI of $42,885
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Cedar Falls, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Fully Leased NNN Retail Property
Fully Leased NNN Retail Property

901 S Center St, Marshalltown, IA 50158

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7,020 sqft

Fully leased NNN retail investment redeveloped in 2010 with exterior upgrades in 2024 and tenant-secured operational stability.

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Office Space in Bank Building
Office Space in Bank Building

201 Tower Park Drive, Waterloo, IA 50701

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8,000 sqft

8,000 sq. ft. office space with elevator access and a large staff-and-client parking area.

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Warehouse Property with NNN Lease
Warehouse Property with NNN Lease

3530 Marnie Avenue, Waterloo, IA 50701

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51,900 sqft 6.08 AC lot

Industrial-zoned warehouse property includes a heated, insulated suite with loading access and sprinkler protection.

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Single-Tenant Auto Service NNN
Single-Tenant Auto Service NNN

2105 S Center St, Marshalltown, IA 50158

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Long-term absolute NNN investment with a Jiffy Lube International corporate guarantee at a new Multicare store model.

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Cedar Falls, IA Nnn Properties Market Trends and Statistics

Explore 1 nnn properties for sale in Cedar Falls, IA on our real estate platform. These investment opportunities span a total of 1,920 square feet of properties for sale.

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Demographics Overview

Population 44K
Population Growth (5Y) -1.1%
Median Household Income $75,642
College Educated 34.6%

Taxes & Financing

Tax Rate (average for all types) 2.73%
Property Tax per SF $28.35 per SF
Tax Rate vs County Average 0.36 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Black Hawk County

New Delisted

Total CRE Inventory on Market (SF)

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