Listing Agency: CBRE - Des Moines a***@cbre.com Show Phone

Listed By: Ajdin Nadarevic · License #S700000000 Show Phone

Source: Cbre

Added: Nov 22, 2025 Changed: Aug 8 Last Checked: Jul 16 at 2:54AM

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Investment Insights

Based on property information with market context.

This property offers 2587 square feet of flex, office, or retail space. The building is new construction.

Key Highlights

• New building
• Flex space
• Office space

Property Analytics

Property Profile

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Law Firm Auto Parts Store Dental Office Hair Salon Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

266

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 50111, IA

16,025

Population

6,345

Households

2.5

Avg Household Size

33

Median Age

48%

College-Educated

99%

High-School Grad

25.1 sq mi

ZIP Area

638

Density / Sq Mi

$108,352

Median Household Income

$59,868

Median Earnings

$1,156

Median Rent

$285,700

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

Questions? Ask Rey

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What type of property is this? Where is this flex space located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Flex space - New flex/office/retail building available for rent.

Where is this flex space located?

The property is located at 1861 Southeast Princeton Drive Grimes, IA.

What are key features of this property?

This property features: New building; Flex space; Office space