2302 1st St Cedar Falls, IA 50613-1879
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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.