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6104 University Ave, Cedar Falls, IA, 50613

KFC
closed

Key Information

Cap Rate
7.38%
Tot. SF
2,520
Year Built
2004
Term Remaining
±11 Yrs
Type
Retail

Highlights

  • ±11 Years Remaining on an Absolute NNN Lease – There are approximately ±11 years remaining on an initial 20 year lease. Tenant is responsible for paying all Taxes, Insurance, and Maintenance expenses, providing an investor complete passive ownership.
  • 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. Additionally, the brand operates more than 400 locations across North America, such as Pizza Hut, Taco Bell, Burger King, and Panera Bread.
  • 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, additionally benefiting from an average household income within a 5-mile radius of $97,867.
  • Proximity to The University of Northern Iowa – Location benefits from immediate proximity (2.5 Miles) to the University of Northern Iowa, with an enrollment exceeding 9,200+ students.

Photos

Location

Agents

Broker of Record

Adam Marek

License # F03991000 (IA)
Pacific Realty Commercial, LLC
11516 Miracle Hills Dr. Ste #400 Omaha, NE 68154