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    Strip Mall

    Grimes, IA Strip Malls 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
    New Retail Center in Grimes
    Updated: Mar 6
    New Retail Center in Grimes

    825 NE Gateway Dr., Grimes, IA 50111

    Contact for pricing
    1,600 sqft 3.12 AC lot
    Located off heavily trafficked HWY 141 with 22,000 VPD (2021).
    Located just east of GrimesPlex, estimated to draw 1.5 million visitors per year.
    Part of Hope District, a new 200‑acre multi‑use entertainment district.
    New construction (built in 2022) retail strip center.
    Generous TI Allowance.
    View details
    New Retail Center in Grimes
    Updated: Aug 18, 2023
    New Retail Center in Grimes

    825 NE Gateway Dr, Grimes, IA 50111

    Contact for pricing
    21,238 sqft
    Located off heavily trafficked HWY 141 in Grimes, IA.
    New construction (built in 2022) retail strip center.
    Located just east of Grimes Plex, estimated to draw 1.5 million visitors per year.
    Part of Hope District, a 200‑acre multi‑use entertainment district under construction.
    Includes retail, restaurants, and hotels within Hope District.
    View details
    See what stands out in Polk County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Based on your search, we've compiled 21 Potential Opportunities for your consideration. Besides 2 Active listings in Grimes, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 15 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Multi-Tenant Strip Center
    Multi-Tenant Strip Center

    3620-3628 Kimball Avenue, Waterloo, IA 50702

    $1,500,000
    6,720 sqft

    Multi-tenant retail property with long-term leases, street frontage, and C-1,C-Z zoning.

    View details
    Anchored Shopping Center
    Anchored Shopping Center

    151 Jacolyn Drive NW, Cedar Rapids, IA 52405

    $2,000,000
    37,336 sqft 4.77 AC lot

    Multi-building retail campus with established tenants near residential neighborhoods, schools, and major roadways.

    View details
    Strip Center Retail Suite
    Strip Center Retail Suite

    266 Blairs Ferry Rd NE, Cedar Rapids, IA 52402

    Contact for pricing
    15,803 sqft 2.02 AC lot

    Open-format space includes a private office, restroom, storage, and front windows facing Blairs Ferry Road.

    View details
    Inline Retail Space in Strip Center
    Inline Retail Space in Strip Center

    1515 Flammang Drive, Waterloo, IA 50702

    Contact for pricing
    1,664 sqft

    In-line retail unit with strong signage in a Waterloo strip center anchored by national retailers.

    View details

    Off-Market Properties in Grimes, IA

    Consider similar Off-Market properties in Grimes, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1101 1st St
    SHOPPING CENTER, STRIP CENTER

    1101 1st St, Grimes, IA 50111-4945

    Estimated value:
    $4,910,000
    20,250 sqft 2.59 AC lot
    View details
    12671 Meredith Dr
    SHOPPING CENTER, STRIP CENTER

    12671 Meredith Dr, Grimes, IA 50111

    Estimated value:
    $1,915,000
    11,700 sqft 3.46 AC lot
    View details
    825 Gtwy Dr
    SHOPPING CENTER, STRIP CENTER

    825 Gtwy Dr, Grimes, IA 50111-1307

    Estimated value:
    $1,625,000
    20,164 sqft 3.12 AC lot
    View details
    1220 Sta Xing
    SHOPPING CENTER, STRIP CENTER

    1220 Sta Xing, Grimes, IA 50111-8013

    Estimated value:
    $1,310,000
    52,959 sqft 4.76 AC lot
    View details
    200 Gtwy Dr
    SHOPPING CENTER, STRIP CENTER

    200 Gtwy Dr, Grimes, IA 50111-2182

    Estimated value:
    $685,000
    16,920 sqft 2.01 AC lot
    View details
    3600 Xrds Dr
    SHOPPING CENTER, STRIP CENTER

    3600 Xrds Dr, Grimes, IA 50111-5048

    Estimated value:
    $880,000
    9,800 sqft 1.23 AC lot
    View details
    255 Brookside Dr
    SHOPPING CENTER, STRIP CENTER

    255 Brookside Dr, Grimes, IA 50111-5231

    Estimated value:
    $955,000
    9,876 sqft 1.53 AC lot
    View details
    1895 Grimes Blvd
    SHOPPING CENTER, STRIP CENTER

    1895 Grimes Blvd, Grimes, IA 50111-1276

    Estimated value:
    $1,200,000
    12,612 sqft 2.03 AC lot
    View details
    1451 3rd St
    SHOPPING CENTER, STRIP CENTER

    1451 3rd St, Grimes, IA 50111-4846

    Estimated value:
    $760,000
    8,280 sqft 1.00 AC lot
    View details
    2250 1st St
    SHOPPING CENTER, STRIP CENTER

    2250 1st St, Grimes, IA 50111-7612

    Estimated value:
    $680,000
    6,510 sqft 1.22 AC lot
    View details
    1890 Destination Dr
    SHOPPING CENTER, STRIP CENTER

    1890 Destination Dr, Grimes, IA 50111-6635

    Estimated value:
    $560,000
    5,684 sqft 0.56 AC lot
    View details
    1884 Destination Dr
    SHOPPING CENTER, STRIP CENTER

    1884 Destination Dr, Grimes, IA 50111-6633

    Estimated value:
    $990,000
    12,107 sqft 1.21 AC lot
    View details
    250 Destination Dr
    SHOPPING CENTER, STRIP CENTER

    250 Destination Dr, Grimes, IA 50111-8902

    Estimated value:
    $1,340,000
    13,263 sqft 1.49 AC lot
    View details
    270 1st St Ste H
    SHOPPING CENTER, STRIP CENTER

    270 1st St Ste H, Grimes, IA 50111-2145

    Estimated value:
    $545,000
    5,760 sqft 1.44 AC lot
    View details
    3390 Xrds Dr
    SHOPPING CENTER, STRIP CENTER

    3390 Xrds Dr, Grimes, IA 50111-5290

    Estimated value:
    $995,000
    10,778 sqft 1.79 AC lot
    View details

    Grimes, IA Strip Malls Market Trends and Statistics

    Explore 17 strip malls for sale in Grimes, IA on our real estate platform. These investment opportunities span a total of 22,838 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Shopping centers 1
    Showrooms 1
    Storefront properties 1

    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 50,000 to 100,000 square foot range.

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