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Property profile & analytics
OFF-MARKET
Retail space

2302 1st St Cedar Falls, IA 50613-1879

17,917 SF Built 1980
Entity Owned Absentee Owner Free & Clear
Property ID
US25-0319406
Property summary
AI-generated overview

Thunder Ridge offers exceptional retail and executive office space in a thriving Black Hawk County location. This 96,191 square foot, multi-tenant building, constructed in 1980, boasts seven total suites and currently has 54,220 square feet of vacant space available. Units range from a minimum of 1,545 square feet to a maximum contiguous space of 29,264 square feet, providing flexibility for businesses of various sizes. The property's strategic location ensures high visibility and accessibility, situated conveniently next to CVS, Walgreens, and Fareway grocery stores, guaranteeing significant foot traffic and customer exposure. Ideal for businesses seeking a prominent presence in a bustling commercial area, this property presents a unique opportunity for growth and expansion. Tenant improvement allowances are available with longer-term leases, making this an attractive option for businesses looking to customize their space. The property's diverse suite sizes cater to a wide range of business needs, from small executive offices to larger retail spaces. This is a prime opportunity to establish or expand your business in a high-traffic, well-established commercial center. The available space provides a blank canvas for businesses to create their ideal work environment. Don't miss this chance to secure your place in this vibrant commercial hub.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1980
Construction CONCRETE BLOCKS
Total area 17,917 SF
APN 8914-11-107-002
UPID US25-0319406
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Heartland Financial Services Ltd Financial Advisor
  • Proforma Xtreme Film Production Television Studio
  • ToolsQuik (Bike/Boat/Book/etc) Store Building Supply
  • The Touch of Wellness Massage Studio Alternative Medicine Practice Spa & Massage Center
  • Auuvo LLC Auto Repair Shop Vehicle Inspection Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
THIRTEEN ASSOCIATES LLC
THIRTEEN ASSOCIATES LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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