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    1881 Princeton Dr Grimes, IA 50111

    Sponsored
    For Lease
    Contact for pricing

    11,000 SF Retail Space Available

    Lot size:
    11,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A retail strip center, located at 1881 SE Princeton Point Drive in Grimes, Iowa, presents a unique opportunity for businesses seeking high-visibility space. The entire 11,000 square foot building is currently vacant, offering flexibility for a single large tenant or the potential for multiple smaller tenants. The minimum divisible space is 1,500 square feet, allowing for adaptability to various business needs. The property sits on a generous 1.55 acres of land, providing ample parking and visibility from the street. The single-story building offers easy access and convenient layout. Its prime location in Grimes, Iowa, 50111, ensures high traffic and exposure to a thriving community. The property is classified as a Class A building, reflecting its superior construction, modern amenities, and excellent condition. This is an ideal location for businesses seeking a prominent presence in a rapidly growing area. The entire 11,000 square feet is available for lease, offering a rare chance to secure a substantial retail footprint in a desirable market. Contact us today to learn more about this exceptional opportunity.

    Property Features for 1881 Princeton Dr

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    11,000 SF
    Class
    A

    Building Details

    Stories
    1

    Unit(s) available at that property

    Space
    Available Space
    Size
    11,000 SF

    HighLights

    • 11,000 SF Class A retail space available for lease, divisible to 1,500 SF minimum.
    • Tenant improvement allowance available.
    • Strong co‑tenancy including Amazon, Elite Edge, Subway, RC Dermatology, Sun Tan City, Buff City Soap, and Kum & Go.
    • Building and monument signage opportunities available.
    • Drive‑thru space available.
    • End‑cap space with patio available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Grimes
    County
    Polk
    State
    Iowa
    Longitude
    -93.77167
    Latitude
    41.673475

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    FAQs

    What type of property is this?
    Neighborhood center - 11,000 SF Retail Space Available
    Where is this neighborhood center located?
    The property is located at 1881 Princeton Dr Grimes, IA.
    What are key features of this property?
    This property features: 11,000 SF Class A retail space available for lease, divisible to 1,500 SF minimum.; Tenant improvement allowance available.; Strong co-tenancy including Amazon, Elite Edge, Subway, RC Dermatology, Sun Tan City, Buff City Soap, and Kum & Go.
    Request Owner's contact information
    1881 Princeton Dr Grimes, IA 50111
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    Grimes, IA 50111
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1881 Princeton Dr Grimes, IA 50111
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