Grinnell, IA
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    Grinnell, IA Grocery And Convenience Stores for Sale

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    Oakland Acres, IA Montezuma, IA Lynnville, IA
    Freestanding NNN Retail Property
    $2,530,947
    2,944 SF
    Freestanding NNN Retail Property

    1002 West Street, Grinnell, IA 50112

    Freestanding retail building is triple-net leased to Maverik with 10.5 years remaining.
    • 2,944 SF freestanding retail property on 37,125 SF lot, net leased to Maverik under a 15‑year triple‑net lease
    • 10.5 years remaining on the lease, with rent increases of 7.5% every 5 years during the initial term
    • Includes five 5‑year renewal options, each with a 5% rent increase per option
    • Corporate lease with Maverik; 100% bonus depreciation noted in the offering materials
    • Net lease investment summary: $2,530,947 price with a 5.95% cap rate
    Updated: Jun 3
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    Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 1 Active listings in Grinnell, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 9 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Freestanding Building in Grundy Center
    $651,724
    8,320 SF
    Freestanding Building in Grundy Center

    Freestanding 9,014 SF building occupied by Dollar General.

    1212 24th Street, Eldora, IA 50627

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    Freestanding Building in Grundy Center
    $620,690
    9,014 SF
    Freestanding Building in Grundy Center

    9,014 SF building occupied by Dollar General since 2004.

    2009 Commerce Drive, Grundy Center, IA 50638

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    Freestanding Retail Building in Iowa
    $562,500
    9,014 SF
    Freestanding Retail Building in Iowa

    9,014 SF building occupied by Dollar General in Grundy Center.

    2009 Commerce Dr, Grundy Center, IA 50638

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    Freestanding Building in Grundy Center
    $590,625
    8,320 SF
    Freestanding Building in Grundy Center

    Freestanding 9,014 SF building occupied by Dollar General.

    1212 24th St, Eldora, IA 50627

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Grinnell Development Land For Sale
    $802,593
    3.35 Acres
    Grinnell Development Land For Sale

    Prime commercial land with high visibility and traffic volume.

    500 Lang Creek Avenue, Grinnell, IA 50112

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    Residential Land in Conrad, Iowa
    $40,000
    0.32 Acres
    Residential Land in Conrad, Iowa

    Residential land for sale in Conrad, near community amenities.

    509 N Vernon Street lot: 12, Conrad, IA 50621

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    Hiawatha Commercial Land For Sale
    $378,972
    1.45 Acres
    Hiawatha Commercial Land For Sale

    1.45 acre commercial lot near I-380 in Hiawatha, Iowa.

    Tower Terrace Rd lot: 5, Hiawatha, IA 52233

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    Hiawatha Land Opportunity
    $1,486,485
    5.46 Acres
    Hiawatha Land Opportunity

    5.46 acres at a prominent intersection with development potential.

    1175 Tower Terrace Rd, Hiawatha, IA 52233

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    Off-Market Properties in Grinnell, IA

    Consider similar Off-Market properties in Grinnell, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    715 Lang Crk Ave
    CONVENIENCE STORE
    4,638 SF Lot: 3.31 Acres
    Estimated value
    $2,400,000

    715 Lang Crk Ave, Grinnell, IA 50112-8168

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    727 Ww St
    GROCERY, SUPERMARKET
    27,043 SF Lot: 2.34 Acres
    Estimated value
    $1,195,000

    727 Ww St, Grinnell, IA 50112-2243

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    1026 Main St
    GROCERY, SUPERMARKET
    12,330 SF Lot: 0.28 Acres
    Value Estimation by Request

    1026 Main St, Grinnell, IA 50112-1632

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    635 Lang Crk Ave
    CONVENIENCE STORE
    5,200 SF Lot: 3.10 Acres
    Value Estimation by Request

    635 Lang Crk Ave, Grinnell, IA 50112-8173

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    1718 6th Ave
    CONVENIENCE STORE
    2,916 SF Lot: 0.68 Acres
    Value Estimation by Request

    1718 6th Ave, Grinnell, IA 50112-1727

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    217 6th Ave
    CONVENIENCE STORE
    2,800 SF Lot: 0.57 Acres
    Value Estimation by Request

    217 6th Ave, Grinnell, IA 50112-1844

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    1002 Ww St
    CONVENIENCE STORE
    2,944 SF Lot: 0.85 Acres
    Value Estimation by Request

    1002 Ww St, Grinnell, IA 50112-1645

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    320 Ww S St
    GROCERY, SUPERMARKET
    31,256 SF Lot: 8.75 Acres

    320 Ww S St, Grinnell, IA 50112-8117

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    312 Ww St
    CONVENIENCE STORE
    2,160 SF Lot: 0.57 Acres
    Value Estimation by Request

    312 Ww St, Grinnell, IA 50112-2358

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    Grinnell, IA Grocery And Convenience Stores Investment Opportunities Market Analysis

    Explore 10 grocery and convenience stores for sale in Grinnell, IA on our real estate platform. These investment opportunities span a total of 2,944 square feet of properties for sale, with an estimated market value of $2,530,947.

    Sale prices for supermarkets in Grinnell, IA start at $2,530,947, averaging $2,530,947, and reaching up to $2,530,947 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Automotive properties 2
    Gas stations 2
    Grocery and convenience stores 1

    Demographics Overview

    Population 12K
    Population Growth (5Y) +0.0%
    Median Household Income $64,707
    College Educated 54.6%

    Taxes & Financing

    Tax Rate (average for all types) 2.59%
    Property Tax per SF $30.75 per SF
    Tax Rate vs County Average 0.40 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Poweshiek County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Poweshiek County

    Residential Income

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