New Retail Center in
For Sale
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825 NE Gateway Dr., Grimes, IA 50111
New retail strip center near high-traffic area and entertainment district.
Property Size21,238 SF
Days on Market1109
Property Features for 825 NE Gateway Dr.
General Information
Standard status
Active
Size
21,238 SF
Property subtype
Retail
Lease Type
NNN
Investment Type
Net Lease
Building Details
Year Built
2022
Tenancy
Multi
Listing Agency:
NAI Iowa Realty Commercial - Des Moines
(515) 453-5480
Listed By:
Jerry Marckres · License #IA S65891000
Source:
Crexi
Added: Aug 18, 2023
Changed: Aug 26
Last Checked: Aug 29 at 3:25PM
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 NAI Iowa Realty Commercial - Des Moines
Investment Insights
Based on property information with market context.
Hope Plaza II is a new construction retail strip center located in Grimes, IA, conveniently situated off heavily trafficked HWY 141 and just east of Grimes Plex. Grimes Plex is a new 50-acre synthetic turf multi-sport complex located in Hope District, estimated to draw 1.5 million visitors per year. Hope District, currently under construction, will feature a 200-acre multi-use entertainment district that will include retail, restaurants, and hotels. The property has a size of 21238 square feet. Current tenants include Caribou Coffee, Papa John's Pizza, Iris & Ray's Eye Attic, and The Iowa Clinic. The property is located just to the west off HWY 141 in Grimes, IA.
Key Highlights
- Located off heavily trafficked HWY 141 in Grimes, IA.
- New construction (built in 2022) retail strip center.
- Located just east of Grimes Plex, estimated to draw 1.5 million visitors per year.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
252
Businesses Nearby
187k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 40%
Shops & Services 22%
Home Improvements & Furnishings 22%
Dining 16%
Hy-Vee
Groceries
53,613 visits/mo
0.3 miles
Menards
Home Improvements & Furnishings
40,928 visits/mo
0.4 miles
Kwik Trip
Shops & Services
23,725 visits/mo
0.3 miles
Aldi
Groceries
21,565 visits/mo
0.5 miles
Culver's
Dining
15,787 visits/mo
0.4 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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - New retail strip center near high-traffic area and entertainment district.
Where is this strip mall located?
The property is located at 825 NE Gateway Dr. Grimes, IA.
What are key features of this property?
This property features: Located off heavily trafficked HWY 141 in Grimes, IA.; New construction (built in 2022) retail strip center.; Located just east of Grimes Plex, estimated to draw 1.5 million visitors per year.
