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Hy-Vee Gas Station in Cedar Falls, Iowa. The site features stong visibility at a four-way signalized intersection. This building is an outparcel of College Square Mall, an enclosed shopping mall anchored by Hy-Vee, a regional grocery supermarket, Younkers, a regional department store, and Von Maur, a regional upscale department store. College Square Mall contains more than 30 national and specialty stores including Victoria’s Secret, Bath & Body Works, GNC, Planet Fitness, a 12-screen Marcus Theatre, Express, and American Eagle Outfitter. The site is located within a strong retail corridor with nearby national retailers Including Kohl’s, ALDI, Buffalo Wild Wings, and Walgreens.
Hy-Vee Gas Station is located along University Avenue, the busiest thoroughfare in Cedar Falls. The buildings feature easy access and excellent visibility to a constant flow of traffic, with more than 23,400 vehicles per day. Set to be completed in 2018, University Avenue is undergoing a reconstruction to improve pavement conditions, enhance safety, provide for bicycle and pedestrian mobility, improve traffic flow and revitalize the economic growth throughout the corridor. The site is also close to the “Avenue of the Saints,” a 4-lane highway providing convenient transportation from St. Paul to St. Louis. The site is within 5 miles of Waterloo Regional Airport, servicing a 10-county market area with flights to more than 700 cities worldwide.
Hy-Vee Gas Station is surrounded by several schools with strong student populations. It is less than 2 miles west of the University of Northern Iowa with a student population of approximately 12,000 students. Within a 3-mile radius there are numerous schools including Peet Junior High School, Central Middle School, Homes Junior High School, Cedar Falls High School, Valley Lutheran High School and several more.
The site is surrounded by dense residential neighborhoods, apartment and condominium complexes, and numerous amenities including The Falls Aquatic Center, The University of Northern Iowa Dome, several hotel establishments, and McLeod Center, with approximately 370,000 annual visitors.