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6104 University Ave
Cedar Falls, IA 50613

$1,225,000 USD

Fast Food For Sale  •  2,520 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 2,520 SF
  • Lot Size 0.13 AC
  • Building Class C
  • Year Built 2004
  • Cap Rate 7.38 %
  • Tenancy Single
  • Zoning C
24 Transit Score
83 Walk Score

Highlights

±11 Years Remaining on an Absolute NNN Lease – There are approximately ±11 years remaining on an initial 20 year lease.
Recent Remodels – Both the exterior and interior were remodeled in 2016 and 2022, providing a refreshed look to each.
FMI Group Operator – Franchise Management Investors US, LLC operates ±55 KFC Units, proving their established operations.
Strong Traffic Counts – Location benefits from strong traffic volumes along University Ave, seeing over 24,248+ vehicles per day.
5-Mile Population Exceeds ±78,236 – The 5-mile population as of 2025 is ±78,236
Proximity to The University of Northern Iowa – Location benefits from immediate proximity (2.5 Miles) to the University of Northern Iowa

Property Flyers

Cap Rate: 7.38 %

Amenities

  • Drive Thru

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 25
Type: Surface
Included in Rent: Yes
Hudson DeJean 605-941-3721 Matthews Real Estate Investment Services
Hudson DeJean 605-941-3721 Matthews Real Estate Investment Services