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Industrial Warehouse Bay
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21035 240th Street #Bay #1, Grundy Center, IA 50638

Industrial rental space within a larger warehouse complex on a substantial lot near Waterloo and Cedar Falls.

Space SizeContact for details
Property Size80,000 SF
Days on Market232

Property Features for 21035 240th Street #Bay #1

General Information

Standard status Active
Size 80,000 SF
Zoning M

Taxes and HOA fees

Annual Taxes $44,410

Building Details

Building Size 80,000 SF
Year Built 1973
Listing Agency: Fischels Commercial Group
Listed By: Chris Fischels · License #B44779000
Source: Sweeneyrealestate
Added: Dec 23, 2025 Changed: Aug 9 Last Checked: Aug 12 at 12:33PM

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 Fischels Commercial Group

Investment Insights

Based on property information with market context.

A 40,000-square-foot bay is available within an 80,000-square-foot industrial building constructed in 1973. The property occupies a large lot and is designated M zoning, supporting its warehouse-oriented commercial setting.

Located at 21035 240th Street in Grundy Center, the facility is a short drive from Waterloo and Cedar Falls. The tenant is responsible for electric utilities.

Key Highlights

  • 40,000‑square‑foot warehouse bay available
  • 80,000‑square‑foot industrial building
  • Constructed in 1973

Property Analytics

Current Use

Best Veneer Company Building Supply

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby
Well-served
Demand for This Use

Demographics for 50638, IA

3,411
Population
1,535
Households
2.2
Avg Household Size
43
Median Age
25%
College-Educated
97%
High-School Grad
94.0 sq mi
ZIP Area
36
Density / Sq Mi
$79,500
Median Household Income
$47,214
Median Earnings
$681
Median Rent
$181,000
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
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Frequently Asked Questions

What type of property is this?
Warehouse - Industrial rental space within a larger warehouse complex on a substantial lot near Waterloo and Cedar Falls.
Where is this warehouse located?
The property is located at 21035 240th Street #Bay #1 Grundy Center, IA.
What are key features of this property?
This property features: 40,000‑square‑foot warehouse bay available; 80,000‑square‑foot industrial building; Constructed in 1973
More about this property
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