Cleeman Realty Group is pleased to announce the off-market sale of a single-tenant net leased Hy-Vee Supermarket in Cedar Falls, IA. The 105,817 SF building is located at 6301 University Ave and sits on an 8.22 Acre lot. The Supermarket is attached to the College Square Mall, a 444,000 SF regional mall which is anchored by Ashley Furniture and Von Maur.

Jeremy Scheer and Michael Cleeman of Cleeman Realty Group represented the buyer and seller in this transaction.

“The seller was able to take advantage of the high demand for supermarket assets and turn a quick profit on this property having just acquired it in 2019,” said Scheer. “The buyer was attracted to the heavily trafficked location and long-term lease, ” said Cleeman.

Cleeman Realty Group is a full-service real estate advisory and investment group, specializing in the investment sales of retail, multifamily and industrial properties throughout the United States. The Cleeman team utilizes deeply rooted industry contacts to identify and evaluate off-market transactions with unparalleled efficiency. To sell your property or to inquire about our available acquisition opportunities, please contact one of our team members at www.cleeman.com