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    3600 Miehe Dr Grimes, IA 50111

    Sponsored
    For Lease
    Contact for pricing

    8,092 SF Available, High Visibility

    Lot size:
    8,092 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 8,092 square foot retail and office building presents a unique pre-leasing opportunity in the thriving Grimes, Iowa market. Located at the highly visible northwest corner of SE 37th Street and SE Miehe Drive, this single-story building offers excellent accessibility to major thoroughfares including Highway 141, 100th Street, and Interstates 35/80, ensuring convenient access for both employees and customers. The property sits on a substantial 1.49-acre lot (65,079 square feet) and is zoned M2, allowing for a variety of commercial uses. The building is currently entirely vacant, offering flexible space options ranging from a minimum of 3,238 contiguous square feet to a maximum of 4,854 contiguous square feet. Multiple tenancy is possible. Benefit from high daily traffic counts, with over 9,000 vehicles passing SE 37th Street daily (2016 data). This centrally located property serves the communities of Grimes, Johnston, and Urbandale, providing access to a large and diverse customer base. The lease rate is negotiable, making this an attractive investment opportunity for businesses seeking a prominent location with excellent visibility and convenient access to key transportation routes. The property is ideally suited for a variety of retail and office uses.

    Property Features for 3600 Miehe Dr

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,092 SF

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 100
    Size
    4,854 SF
    Space
    Suite 200
    Size
    3,238 SF

    HighLights

    • 8,092 SF building available for lease.
    • Lease rate is negotiable.
    • New construction at SE 37th Street and SE Miehe Drive.
    • Pre‑leasing for office and retail uses.
    • Excellent location serving Grimes, Johnston, and Urbandale.
    • High visibility on SE 37th Street.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Grimes
    County
    Polk
    State
    Iowa
    Longitude
    -93.767567
    Latitude
    41.658902

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    FAQs

    What type of property is this?
    Neighborhood center - 8,092 SF Available, High Visibility
    Where is this neighborhood center located?
    The property is located at 3600 Miehe Dr Grimes, IA.
    What are key features of this property?
    This property features: 8,092 SF building available for lease.; Lease rate is negotiable.; New construction at SE 37th Street and SE Miehe Drive.
    Request Owner's contact information
    3600 Miehe Dr 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
    3600 Miehe Dr Grimes, IA 50111
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