Property profile

219 West St Grinnell, IA 50112

OFF-MARKET
Office Spaces
750 SF Built 2000
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Property summary

AI-generated overview

This 750-square-foot office space is ideally situated at 219 West Street in Grinnell, Iowa, offering exceptional visibility and high traffic volume due to its location directly off West Street/Highway 146. The ground floor unit benefits from its proximity to established businesses, creating a thriving commercial environment. The property is available for lease at a monthly rate of $1500. A standard lease is available, or a triple net (NNN) lease option can be negotiated. The property boasts a prime location for businesses seeking high visibility and accessibility. The lease requires a $1500 security deposit. This space presents a fantastic opportunity for businesses looking to establish or expand their presence in a bustling Grinnell commercial district. The building's location on a major thoroughfare ensures consistent exposure to potential customers and clients. The 750 square feet provide ample space for a variety of business needs, and the surrounding established businesses create a synergistic environment. Interested parties should inquire about lease terms and availability. The property is ready for immediate occupancy. The convenient location and competitive lease rate make this an attractive option for businesses seeking a strong foothold in the Grinnell market.

Property profile

Verified
Property type Office Spaces
Year built 2000
Total area 750 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

219 West St Grinnell, IA 50112
Grinnell metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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