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Retail Space in Grimes Center
For Lease
$15 SF/Yr

270 Northwest 1st Street, Grimes, IA 50111

1440 SF retail space in a high-traffic Grimes location.

Space SizeContact for details
Days on Market140

Property Features for 270 Northwest 1st Street

General Information

Standard status Active
Property subtype Retail
Listing Agency: CBRE - Des Moines
Listed By: Grant Wright, CCIM · License #S33231000
Source: Cbre
Added: Mar 25 Changed: Aug 8 Last Checked: Aug 8 at 2:40PM

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

Investment Insights

Based on property information with market context.

This 1,440 square foot retail space is available for lease within a community retail center. The property is situated along the Highway 44/1st Street corridor in Grimes, an area characterized by significant commercial activity and limited vacancy. The center benefits from high visibility and convenient accessibility, complemented by ample on-site parking and monument signage. The space features updated, modern finishes throughout. The location offers businesses an opportunity to establish a presence in Grimes. The property has C-2 Zoning and an established tenant mix. Traffic counts on E 1st Street are 15,800 VPD. Facade signage is available.

Key Highlights

  • Highly visible location on E 1st Street/Highway 44 with 15,800 VPD traffic count.
  • Updated, modern finishes throughout the 1,440 square foot space.
  • Located in a community retail center with an established tenant mix.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Nail Salon Skin Care Clinic Parking Lot & Garage

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

NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

293
Businesses Nearby
14k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 78% Home Improvements & Furnishings 13% Dining 9%
Grimes #2 Shops & Services
11,077 visits/mo 0.3 miles
Kempker's True Value and Rental Home Improvements & Furnishings
1,823 visits/mo 0.1 miles
Breadeaux Pizza Dining
1,302 visits/mo 0.2 miles

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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - 1440 SF retail space in a high-traffic Grimes location.
Where is this retail space located?
The property is located at 270 Northwest 1st Street Grimes, IA.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Highly visible location on E 1st Street/Highway 44 with 15,800 VPD traffic count.; Updated, modern finishes throughout the 1,440 square foot space.; Located in a community retail center with an established tenant mix.
More about this property
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