Large Industrial Warehouse
For Lease
Contact for pricing
Bay-21035 240th St, Grundy Center, IA 50638
40,000 SF industrial bay on a large lot, with electric utilities paid by the tenant.
Days on Market219
Property Features for Bay-21035 240th St
General Information
Standard status
Active
Listing Agency:
Fischels Commercial Group
(319) 830-5000
Listed By:
Chris Fischels · License #B44779000
(319) 830-5000
Source:
Exprealty
Added: Dec 23, 2025
Changed: Jul 22
Last Checked: Jul 29 at 3:44PM
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 Fischels Commercial Group
Investment Insights
Based on property information with market context.
A 40,000 SF bay is available in a large industrial building and is located on a large lot. The space is being offered for lease, with tenant responsibility for electric utilities.
The property is just minutes away from Waterloo/Cedar Falls, providing convenient access to the Cedar Valley area.
Pricing reflects an initial rate of $2.99 PSF for the first six months, followed by $3.25 PSF thereafter.
The property is just minutes away from Waterloo/Cedar Falls, providing convenient access to the Cedar Valley area.
Pricing reflects an initial rate of $2.99 PSF for the first six months, followed by $3.25 PSF thereafter.
Key Highlights
- 40,000 SF industrial bay available in a large industrial building
- Located on a large lot and just minutes from Waterloo/Cedar Falls
- $2.99 PSF for the first 6 months; $3.25 PSF thereafter
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 50638, IA
3,411
Population
1,535
Households
2.2
Avg Household Size
43
Median Age
25%
College-Educated
97%
High-School Grad
94.0 sq mi
ZIP Area
36
Density / Sq Mi
$79,500
Median Household Income
$47,214
Median Earnings
$681
Median Rent
$181,000
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - 40,000 SF industrial bay on a large lot, with electric utilities paid by the tenant.
Where is this warehouse located?
The property is located at Bay-21035 240th St Grundy Center, IA.
What are key features of this property?
This property features: 40,000 SF industrial bay available in a large industrial building; Located on a large lot and just minutes from Waterloo/Cedar Falls; $2.99 PSF for the first 6 months; $3.25 PSF thereafter
