Building Details

Tenancy Single

Listing Agency: Summit Real Estate Show Phone

Listed By: Jason Vitorino · License #TX 512565

Source: Crexi

Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 6:21PM

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Investment Insights

Based on property information with market context.

Christian Brothers Automotive is offered as a standalone NNN property occupied under a 15-year absolute NNN lease. The lease includes annual rent escalations and a corporate guarantee, providing defined contractual structure for the investment.

Key Highlights

• 15‑year absolute NNN lease
• Annual rent escalations
• Corporate lease guarantee

Property Analytics

Property Profile

Current Use

Auto shops

Suggested Use

Top Pick Dental Office Big Box & Wholesale Store Building Supply Plumbing Service Garden Center Electrical 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

Single-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

8

Businesses Nearby

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 Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this nnn properties located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

NNN property - Standalone automotive facility backed by a 15-year absolute NNN lease with annual rent escalations.

Where is this nnn property located?

The property is located at 2581 E 1st St Grimes, IA.

What are key features of this property?

This property features: 15‑year absolute NNN lease; Annual rent escalations; Corporate lease guarantee