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825 Gateway Dr Grimes, IA 50111

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For Sale
Contact for pricing

Prime Grimes, IA storefront investment

Property size:
21,238 SF

Property Features for 825 Gateway Dr

General Information

Property type
Individual retail properties
Square Feet
21,238 SF
Lot Size
135,907 SF

Building Details

Year Built/Renovated
2022/2023

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Listing Contact
Jerry Marckres
Jerry Marckres

Listing Agency: NAI Iowa Realty Commercial Des Moines Listing Agent: Jerry Marckres

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

Hope Plaza II presents a remarkable NNN investment opportunity in the burgeoning Grimes, IA market. This 21,238 square foot retail strip center, completed in 2022 and renovated in 2023, sits on a 3.12-acre lot at 825 NE Gateway Dr, 50111. Strategically located off heavily trafficked Highway 141, it enjoys exceptional visibility and accessibility. The property benefits from its proximity to GrimesPlex, a new 50-acre multi-sport complex projected to attract 1.5 million visitors annually, and the developing 200-acre Hope District, a mixed-use entertainment area featuring retail, restaurants, and hotels. Individual bays are approximately 1,600 square feet. The property is available for sale at a negotiable price or for lease at $27.00 per square foot, NNN. Estimated operating expenses are $7.50 per square foot. A generous tenant improvement allowance is available, along with monument signage opportunities. Highway 141 boasts a 2021 daily vehicle count of 22,000, ensuring high traffic volume and excellent exposure for tenants. This is an exceptional opportunity to capitalize on the significant growth and development within the Grimes community.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon 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
-93.7760318
Latitude
41.6945995

FAQs

What type of property is this?
Individual retail property - Prime Grimes, IA storefront investment
Where is this individual retail property located?
The property is located at 825 Gateway Dr Grimes, IA.
What are key features of this property?
This property features: For Sale: Price Negotiable; For Lease: $27.00/SF, NNN; 3.12-Acre Lot
(515) 491-7575 Call to check price and availability
More about this property
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