Industrial Building
21035 240th Street #Bay #1, Grundy Center, IA 50638
For Lease
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A substantial rental space is available within an industrial property zoned M.
Space Size40,000 SF
Property Size80,000 SF
Days on Market324
Property Features for 21035 240th Street #Bay #1
General Information
Standard status
Size
Net Rentable
Zoning
Space & Availability
Available Space
Contiguous Space
Space Use
Lease Terms
Lease Rate
Monthly Rent
Rent per SF/Year
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
Fischels Commercial Group
(319) 234-5000
Listed By:
Chris Fischels · License IA B44779000
(319) 830-5000
Source:
Gnbrealestate
Added: Dec 23, 2025
Changed: Nov 11
Last Checked: Nov 10 at 10:35AM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The 40,000-square-foot bay is within an 80,000-square-foot industrial building constructed in 1973. The property is zoned M, and the tenant is responsible for electric utilities.
Waterloo and Cedar Falls are described as minutes away.
Waterloo and Cedar Falls are described as minutes away.
Key Highlights
- 40,000‑square‑foot bay available for rent
- Part of an 80,000‑square‑foot industrial building
- Building constructed in 1973
Property Analytics
Who owns this building?
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$5.62 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Industrial property - A substantial rental space is available within an industrial property zoned M.
Where is this industrial property 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 bay available for rent; Part of an 80,000‑square‑foot industrial building; Building constructed in 1973
