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Retail Building in Hope District
For Lease
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1101 E 1st St, Grimes, IA 50111

20,054 sqft retail building at the entrance of Hope District.

Space Size4,488 SF
Days on Market1330

Property Features for 1101 E 1st St

General Information

Standard status Active
Size 4,488 SF
Property subtype RETAIL
Lease Type NNN

Spaces For Lease

at 1101 E 1st St
Highly Visible Retail Space $28/SF/Yr
Floor 1
Size 4,488 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
Located at the entrance of the Hope District which is home to Grimes Plex, Hy-Vee, Culvers, Arby's Jiffy Lube, DUPACO Credit Union, and many more retailers!
Contact us
Listing Agency: Stanbrough Realty Company
Listed By: Andrew McCune · License #S64937000
Source: Moodyscre
Added: Feb 22, 2023 Changed: Oct 6 Last Checked: Oct 12 at 6:41PM

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 Stanbrough Realty Company

Investment Insights

Based on property information with market context.

This is a 20,054 sqft retail building located at the entrance of the Hope District. The Hope District is home to Grimes-Plex, Hy-Vee, Culvers, Arby's Jiffy Lube, DUPACO Credit Union, and many more retailers.

Key Highlights

  • 20,054 sqft retail building
  • Located at the entrance of the Hope District
  • Built in 2022 (new construction)

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Big Box & Wholesale Store Auto Repair Shop HVAC 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

NNN (Triple Net)
Lease Type
$4.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

370
Businesses Nearby
155k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 43% Dining 37% Shops & Services 19%
Hy-Vee Groceries
53,613 visits/mo 0.3 miles
McDonald's Dining
21,992 visits/mo 0.1 miles
Culver's Dining
15,787 visits/mo 0.3 miles
Fareway Groceries
13,306 visits/mo 0.2 miles
B-Bop's Dining
12,501 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - 20,054 sqft retail building at the entrance of Hope District.
Where is this retail space located?
The property is located at 1101 E 1st St Grimes, IA.
What is the lease rate?
The lease rate is $28 SF/Yr.
What are key features of this property?
This property features: 20,054 sqft retail building; Located at the entrance of the Hope District; Built in 2022 (new construction)
(515) 402-1642 Call to check price and availability
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