Realmo Analytics
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Property summary
This exceptional investment opportunity presents a newly constructed, Class A, 86,520-square-foot industrial distribution facility in Cedar Falls, Iowa. The property is under a 10-year net lease with Frito-Lay, a subsidiary of PepsiCo, Inc., featuring a corporate guarantee and 2% annual rent increases. The building boasts a 32-foot ceiling height, 27 dock-high doors, and ample parking (206 spaces). Situated on an 11.79-acre lot, the facility offers potential for future expansion… (approximately 10,000 square feet). Its strategic location provides convenient access to major highways (Interstate 380, US Highways 20, 58, 63, and 218), facilitating efficient distribution throughout Iowa, southern Minnesota, and southwestern Wisconsin. The property benefits from a strong regional economy, a robust labor pool, and proximity to other major distribution centers. The current Net Operating Income (NOI) is $1,550,136, resulting in a 6.15% cap rate, and the asking price is $25,205,000. The lease includes two 5-year renewal options. The tenant is responsible for the maintenance and repair of parking, driveways, hard-surfaced areas, and mechanical and utility systems (excluding HVAC). This is a mission-critical build-to-suit distribution hub for Frito-Lay, a leader in the snack food industry, offering a secure and high-return investment. The building features a concrete tilt-up construction, 51'6" x 50' column spacing (60' in speed bays), and 480V power. The lease commenced November 14, 2024, and expires November 29, 2034. The property is located at the Northwest corner of Development Drive & Technology Parkway, Cedar Falls, IA 50613.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Oct 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
17 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 86,520 SF
- Lot area
- 11.79 ac
- Year built
- 2024
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Signals, scores & lead lists
- 300 owner contacts a month
- 30 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Signals, scores & lead lists
- 1500 owner contacts a month
- 150 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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