Building Details

Building Size 18,760 SF

Year Built 1998

Listing Agency: Oakridge Real Estate d***@oakridge.net Show Phone

Listed By: Sara Wegmann · License #S60362000 Show Phone

Source: Mainrealty

Added: Sep 15 Changed: Nov 2 Last Checked: Oct 30 at 3:01PM

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Investment Insights

Based on property information with market context.

This retail suite at 2201 Commerce Drive, Suite 3, features a largely open interior that can accommodate retail, office, medical office, showroom, or studio use. The property was built in 1998 and is zoned Commercial.

The lease is structured on a gross basis. The parking lot is scheduled for resurfacing in Fall 2026.

Key Highlights

• Open interior suitable for retail, office, medical office, showroom, or studio use
• Commercial zoning
• Gross lease structure

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Dana Schmidt Physician Chad's Pizza Grundy ... Restaurant Endurance Physical Therapy Medical Clinic

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store HVAC Service Hair Salon Plumbing Service

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

Gross

Lease Type

Location Intelligence

Trade Area within ½ mile

58

Businesses Nearby

Explore this area 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

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019

15.6% 2020

17.1% 2021

18.9% 2022

21% 2023

22% 2024

21.3% 2025

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Frequently Asked Questions

What type of property is this?

Retail space - Commercial zoning and a gross lease support a range of retail and workspace configurations.

Where is this retail space located?

The property is located at 2201 Commerce Drive #Ste 3 Grundy Center, IA.

What is the lease rate?

The lease rate is $3,000/Mo.

What are key features of this property?

This property features: Open interior suitable for retail, office, medical office, showroom, or studio use; Commercial zoning; Gross lease structure