Net-Leased Freestanding Retail Gas
1002 West Street Grinnell, IA 50112
1002 West Street, Grinnell, IA, 50112
Contact for pricing
For Sale
Contact for pricing
Freestanding retail property net leased to Maverik with 10.5 years remaining on the term.
Property Size2,944 SF
Lot Size0.85 Acres
Price / SF$823.58
Days on Market51
Property Features for 1002 West Street
General Information
- Standard status
- Active
- Size
- 2,944 SF
- Lot size
- 0.85 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 2009
Listing agency
CBRE - Des Moines
Listed by
Mike Macri III, CCIM, MRED, CRE · License #IA S42743000
Source
Crexi
Added: Jun 1 Updated: Jul 10 at 1:52PM Checked: Jul 21 at 1:42PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Des Moines
Investment Insights
Based on property information with market context.
This offering presents a freestanding retail property configured as a gas station/automotive retail site, totaling 2,944 square feet. The property sits on 37,125 square feet of land and is currently net leased to Maverik under a lease term of fifteen years.
The asset is located at 1002 West Street in Grinnell, Iowa (50112). As a freestanding parcel, it is positioned to serve motorists and the surrounding retail demand tied to an automotive-oriented use.
For buyers seeking a single-tenant, net-leased structure in the retail gas station category, this property provides a stabilized lease arrangement with 10.5 years remaining. Maverik’s occupancy under the existing agreement is a key factor in evaluating tenant continuity and near-term operational expectations.
The asset is located at 1002 West Street in Grinnell, Iowa (50112). As a freestanding parcel, it is positioned to serve motorists and the surrounding retail demand tied to an automotive-oriented use.
For buyers seeking a single-tenant, net-leased structure in the retail gas station category, this property provides a stabilized lease arrangement with 10.5 years remaining. Maverik’s occupancy under the existing agreement is a key factor in evaluating tenant continuity and near-term operational expectations.
Key Highlights
- Freestanding retail property totaling 2,944 SF on 37,125 SF of land
- Net leased to Maverik for 15 years, with 10.5 years remaining on the lease term
- Construction year: 2009
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Gas stations
Similar For Sale Nearby
FAQs
What type of property is this?
Gas station - Freestanding retail property net leased to Maverik with 10.5 years remaining on the term.
Where is this gas station located?
The property is located at 1002 West Street Grinnell, IA.
What is the asking price?
The asking price for this property is $2,424,621.
What are key features of this property?
This property features: Freestanding retail property totaling 2,944 SF on 37,125 SF of land; Net leased to Maverik for 15 years, with 10.5 years remaining on the lease term; Construction year: 2009
