2520 Melrose Dr, Cedar Falls, IA 50613
This exceptional retail opportunity is located at 2520 Melrose Drive, Suite A, in Cedar Falls, Iowa, within a well-established strip center conveniently situated off University Avenue. The property, built in 1967, offers a total of 2,500 square feet of adaptable retail space within a larger 10,900 square foot building. Currently, one unit is available, but the space can be subdivided to accommodate specific tenant requirements. The open layout allows for maximum customization to suit diverse business needs. The property is zoned C-2, providing flexibility for a range of retail uses. Ample parking is available for customers and employees, enhancing convenience and accessibility. Excellent signage opportunities exist, ensuring high visibility and brand recognition. The property is located in Black Hawk County, Iowa, with a zip code of 50613. Net, Net, Net (NNN) expenses are estimated at $5.50 per square foot. This location offers a strong combination of accessibility, visibility, and flexibility, making it an ideal space for a variety of retail businesses. The property's location near University Avenue ensures high foot traffic and visibility.
-
Escapology Escape Rooms Cedar Falls Arcade & Gaming Center
-
handy laundry (Bike/Boat/Book/etc) Store
-
Dr. Susan C. Haskell, DO Physician
-
Absolute Beauty Hair Salon Nail Salon
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.