2009 Commerce Drive Grundy Center, IA 50638

Listing office CBRE - Des Moines d***@cbre.com Show Phone

Listing date Mar 25, 2026

Source Cbre

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

Report an issue

---

Investment Insights

Based on property information with market context.

The subject property is a freestanding 9,014 SF building located in Grundy Center, Iowa. Constructed in 2004, the building has been occupied by Dollar General since its construction. The store underwent an interior remodel in 2024, and the lease was extended, indicating a commitment to the location. The property is situated along Hwy-14 on the western edge of town. Recent parking lot repair work has been completed. There are two remaining 5-year extension options with $3,000 increases. The property is part of a National Insurance Program, with the tenant paying insurance directly. Dollar General is responsible for minor repairs less than $1000 per occurrence and reimburses in full for taxes.

Key Highlights

• Dollar General recently remodeled the interior in 2024 and extended its lease, showing a strong commitment.
• Dollar General reimburses property taxes in full.
• Freestanding 9,014 SF building occupied by Dollar General since 2004.

Property Analytics

Property Profile Location Intelligence

Similar For Sale Nearby

• 

  $350,000

  2,400 SF

  Turnkey Ice Cream Shop Opportunity

  Fully equipped ice cream shop with tenant in place for sale.

  1309 G Avenue, Grundy Center, IA 50638

  View Details
• 

  $175,000

  Duplex with Optional Single-Family Conversion

  Two-unit duplex with hardwood floors and a layout that can revert to a single-family home.

  811 G Avenue, Grundy Center, IA 50638

  View Details
• 

  Contact for pricing

  9,370 SF

  Heated Industrial Warehouse Space

  Heated and cooled warehouse with multiple overhead doors, substantial power, and two restrooms.

  21035 240th Street, Grundy Center, IA 50638

  View Details
• 

  Contact for pricing

  40,000 SF

  Industrial Warehouse Bay

  Large warehouse bay for sale in a sizable industrial building, with tenant-paid electric utilities.

  21035 240th Street, Grundy Center, IA 50638

  View Details

FAQs

What type of property is this?

Grocery and convenience store - 9,014 SF building occupied by Dollar General since 2004.

Where is this grocery and convenience store located?

The property is located at 2009 Commerce Drive Grundy Center, IA.

What is the asking price?

The asking price for this property is $562,500.

What are key features of this property?

This property features: Dollar General recently remodeled the interior in 2024 and extended its lease, showing a strong commitment.; Dollar General reimburses property taxes in full.; Freestanding 9,014 SF building occupied by Dollar General since 2004.