502 Brandilynn Blvd, Cedar Falls, IA 50613
600 Rossville Road, Waukon, IA 52172
Sweeney Real Estate Office: (563) 568-4170
Email: office@sweeneyrealestate.com
Website: www.sweeneyrealestate.com
MLS ID #:
NBR20243509
Property Address:
502 Brandilynn Blvd
Cedar Falls, IA 50613
Cedar Falls, IA 50613
County:
Black Hawk
Region:
Cedar Falls South 4
Year Built:
2015
Property Type:
Commercial Sale
Sub-Type:
Retail
Date Listed:
August 9th, 2024
Status:
Active
Price:
$2,650,000.00
Gross Taxes:
$71,745.75
Tax Year:
2023
Multi-Tenant:
Yes
Sale/Rent:
For Sale
For Lease:
No
Sale/Lease Type:
Investment Sale
For Sale:
Yes
Zoning:
Hwy1
Tiered Sliding:
Yes
Legal Desc:
As per Abstract
Off-Street Parking:
0.00
Sprinkler:
Yes
Total Building Sq Ft:
8,368 sq ft
Office SqFt:
8,368 sq ft
Retail SqFt:
8,368 sq ft
Lot Sq Footage:
44,431
Acres:
1.02
Common Area:
Yes
Remarks: High profile property on Viking Road Cedar Falls. Access from frontage of Brandilynn. Nice income with strong national/regional tenancy of IHOP and H&R Block. The Leases provide some flexibility. $180K+ NOI with Cap rate of 7.05%. This location is in front of Wal Mart and near Hobby Lobby, Menards, Unity Point Clinic. This 8,368 SF building is positioned for longevity. Contact Fred or Noah with questions.
Listing provided courtesy of Miehe Commercial Real Estate.Listing Agent: Matt Miehe, CCIM & Fred Miehe, Jr., SIOR, CCIM
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