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    Grimes, IA
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    Grimes, IA NNN Properties for Sale

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    Johnston, IA Urbandale, IA Granger, IA Des Moines, IA Waukee, IA Clive, IA West Des Moines, IA Polk City, IA
    Retail Building at District Entrance
    Updated: May 21
    Retail Building at District Entrance

    1101 E 1st St, Grimes, IA 50111

    Contact for pricing
    20,250 sqft
    Constructed in 2021
    At the entrance to the Hope District
    1101 E 1st St, Grimes, IA 50111
    Surrounded by Grimes‑Plex, Hy‑Vee, Culver’s, Arby’s, Jiffy Lube, and DUPACO Credit Union
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Grimes, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Single-Tenant NNN Restaurant
    Single-Tenant NNN Restaurant

    1250 8th Street, West Des Moines, IA 50265

    Contact for pricing
    4,063 sqft

    Single-tenant Mexican restaurant under a triple net lease near Interstate access and West Des Moines amenities.

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    Freestanding Storefront Building
    Freestanding Storefront Building

    Des Moines, IA 50312

    $650,000
    1,890 sqft

    Single-tenant retail asset with MX2 zoning and an occupied lease.

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    Absolute NNN Walgreens Retail
    Absolute NNN Walgreens Retail

    4415 Douglas Ave, Des Moines, IA 50310

    Contact for pricing

    For sale Walgreens with a new 15-year absolute NNN lease, zero landlord obligations, and corporate Walgreens guarantee.

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    Built-Out Restaurant Lease Space
    Built-Out Restaurant Lease Space

    1600 Valley West Drive, West Des Moines, IA 50266

    Contact for pricing
    14,129 sqft

    Restaurant space includes four party rooms, restrooms, an employee office, a large open area, and a bar area.

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    Grimes, IA Nnn Properties Market Trends and Statistics

    Explore 1 nnn properties for sale in Grimes, IA on our real estate platform. These investment opportunities span a total of 20,250 square feet of properties for sale.

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    Demographics Overview

    Population 16K
    Population Growth (5Y) +18.1%
    Median Household Income $108,352
    College Educated 64.1%

    Taxes & Financing

    Tax Rate (average for all types) 2.29%
    Property Tax per SF $36.10 per SF
    Tax Rate vs County Average 0.13 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Polk County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Polk County

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Grimes fall within the 100,000+ square foot range.

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