1300 SE Little Beaver Dr Grimes, IA 50111
For Lease
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This exceptional 20,000-square-foot warehouse space in Grimes, IA, is available for sublease until July 31, 2034. Located conveniently near the I-35/I-80 interchange, this 2017-built facility boasts a 28-foot clear ceiling height, ideal for various industrial uses. The space includes three 10'H x 9'W dock-high doors and one 16'H x 12'W drive-in door, ensuring efficient loading and unloading. Currently configured with cold storage capabilities (freezer capable of 0° Fahrenheit), the tenant will remove the cooler for a traditional warehouse user. The interior features a functional office area with four private offices, a spacious reception/conference area, and a breakroom. The warehouse is equipped with a robust 3-phase, 480-volt, 2,500-amp power supply and an ESFR sprinkler system, providing comprehensive safety and operational efficiency. The lease rate is $6.00 NNN, but rates may vary for cold storage users. This is a prime opportunity for businesses seeking a modern, well-equipped warehouse space in a strategic location. The property is currently subleased by Home City Ice and comprises suites 110 and 111 (endcap).
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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