825 Gateway Dr Grimes, IA 50111
- Strip malls
- 20,164 SF
- 3.12 lot acres
Current Use by Public Records
- Strip malls
Property Details for 825 Gateway Dr
- Year built
- 2022
- Construction
- STEEL FRAME
- Lot size
- 3.12 lot acres
- Property size
- 20,164 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 311/00305-572-002
- APU
- 31100305572002
Description
Hope Plaza II, a brand-new 21,238 square foot retail strip center in Grimes, Iowa, presents a unique investment or leasing opportunity. Located at 825 NE Gateway Dr, 50111, this property boasts a prime location off heavily trafficked Highway 141, directly east of the GrimesPlex, a 50-acre multi-sport complex. The center features six individual suites, ranging from 1,608 to 1,612 contiguous square feet, with 9,668 square feet currently available. Built in 2022, this property sits on a 3.12-acre lot in Polk County. Hope Plaza II benefits from its proximity to the burgeoning Hope District, a 200-acre mixed-use development currently under construction, which will include retail, restaurants, and hotels, ensuring significant future growth and increased foot traffic. The property is available for both lease and sale, offering flexibility for potential buyers and tenants. This is an exceptional opportunity to establish a presence in a rapidly developing area with high visibility and strong potential for return on investment. The minimum divisible space is 1,608 square feet. This modern, well-situated retail center is ready for immediate occupancy.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Grimes
- County
- Polk
- State
- Iowa
- Longitude
- -93.7758
- Latitude
- 41.6948
- CBSA code
- 19780
- CBSA name
- DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
