Cedar Falls, IA (June 6, 2014) – Lockard has finalized the sale of 6004 University Ave. in Cedar Falls, IA to Eastern Iowa Food Service, LLC. on June 3rd, 2014. Dustin Whitehead, CCIM, & Dave Wilson, CCIM, with Lockard Realty Company represented the seller, Community Bank & Trust. Josh Seamans with GLD Commercial Real Estate Advisors represented the buyer, Eastern Iowa Food Service, LLC. The buyer plans to raze the site to build a new Dunkin’ Donuts.
Founded in 1950, Dunkin’ Donuts is America’s favorite all-day, everyday stop for coffee and baked goods. The company has nearly 11,000 restaurants in 33 countries worldwide. A date has not been set for the opening.