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6200 University Ave
Cedar Falls, IA 50613

$998,228 USD

Freestanding For Sale  •  6,580 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 6,580 SF
  • Lot Size 0.43 AC
  • Building Class C
  • Year Built 1969
  • Cap Rate 6.35 %
  • Tenancy Single
30 Transit Score
50 Walk Score

Highlights

NNN lease structure with tenant responsible for roof, parking lot, HVAC, taxes, insurance, and maintenance
Brand new renewal exercised in April 2026 bringing remaining lease term to slightly more than 5 years
Located within Cedar Falls' dominant retail corridor anchored by major national retailers
Within 2 miles of University of Northern Iowa with approximately 10,000 students
Major intersection location with combined traffic count of 42,000 cars per day
Advance Auto Parts operates more than 4,000 locations across North America
Cap Rate: 6.35 %

Major Tenants

Tenant SF Occupied Lease End Date
Advance Auto Parts
Ryan Fitzgibbons 818-206-4468 Matthews Real Estate Investment Services
Ryan Fitzgibbons 818-206-4468 Matthews Real Estate Investment Services