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33181052
33181048

1 Peregrine Way, Cedar Falls, IA 50613

DG
IA S66680000
$14,000,000
17 days on market
Updated 3 days ago

1 Peregrine Way

Details
APN 9014-29-476-006
Property Type Retail, Office (+1)
Sub Type Storefront, Traditional Office (+3)
Square Footage 48,250
Tenancy Vacant
Price per SqFt $179
Class A
Year Built 2008
Year Renovated 2008
Stories 2
Acreage 22.070
Zoning 19
Parking Spaces 151 spaces
Parking Per SqFt 3.13
Investment Type Owner/User
Ground Lease No
Loading Docks 1
Dock High Doors 1
Ownership Royal Oaks Development Co
Sale Condition For sale by owner

1 Peregrine Way represents more than real estate — it is a statement of innovation + sustainability.

Marketing description

ONE OF THE ONLY CERTIFIED GREEN BUILDINGS, MORE LIKE A RESORT IN IOWA

An extraordinary opportunity to acquire one of Iowa’s most architecturally distinctive and environmentally advanced corporate campuses. Located in the heart of the Cedar Valley, 1 Peregrine Way is a luxury Class A office headquarters intentionally designed to merge executive presence, innovation, sustainability, and employee wellness into one cohesive environment.

Positioned on approximately 22 secluded acres adjacent to a full-service country club, the property offers a rare combination of privacy, scale, natural beauty, and high-level infrastructure. Originally developed as the headquarters for Peregrine Financial Group, the campus was constructed far ahead of its time with a vision centered around environmental intelligence, workplace balance, and long-term operational sustainability.

Built in 2008 with an original investment nearing $20 million, this extraordinary Gold LEED Certified headquarters is now offered at $14 million. At today's Material and construction costs, this advanced campus could not be replicated or built anywhere near the current asking price. Situated on 22 secluded acres beside Beaver Hills Golf Course, this one of a kind campus was designed to blend executive luxury, sustainability, and innovation. The 78,000 square foot facility accommodates approximately 300 employees and was built far ahead of its time technologically. Geo-thermal heating and cooling, radiant heat, advanced remote-controlled systems, and heated underground parking showcase the building’s environmental intelligence. The property also features a CAT C27 backup generator, separate IT fire control systems, and a 25,000-gallon underground emergency water system. A stunning two-story atrium entrance welcomes guests with 40-foot floor-to-ceiling glass walls, granite flooring, Italian marble, bamboo flooring, and local limestone. Flexible glass wall systems throughout allow for adaptable office configurations and collaborative workspaces. Amenities include executive offices, conference rooms, expansive server storage, underground parking, gated key-card security, and a full cafeteria with walk-in refrigeration. Employee wellness was thoughtfully prioritized with a fitness center, sauna, locker rooms, fresh air systems, and illuminated walking paths overlooking wildlife and golf course views. The campus also includes daycare facilities for infants through kindergarten, supporting both professional excellence and family life in one environment. Designed with future rooftop greenspace potential, this landmark property stands as one of Iowa’s most architecturally and environmentally advanced corporate campuses.

Investment highlights

A Landmark LEED Gold Headquarters + Where Luxury Meets Sustainability

An extraordinary opportunity to acquire one of Iowa’s most architecturally distinctive and environmentally advanced corporate campuses. Located in the heart of the Cedar Valley, 1 Peregrine Way is a luxury Class A office headquarters intentionally designed to merge executive presence, innovation, sustainability, and employee wellness into one cohesive environment.

Positioned on approximately 22 secluded acres adjacent to a full-service country club, the property offers a rare combination of privacy, scale, natural beauty, and high-level infrastructure. Originally developed as the headquarters for Peregrine Financial Group, the campus was constructed far ahead of its time with a vision centered around environmental intelligence, workplace balance, and long-term operational sustainability.

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Listing Contacts

DG
IA S66680000

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Additional Information

Name
Dianne Granger
License
S66680000
Brokerage
KW ELITE TEAM
Brokerage Phone
5636632400
Title
Realtor
Brokerage Address
2115 John F Kennedy Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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