Grimes, IA Retail Space For Lease

Property Overview

Hope Plaza II is a new construction retail strip center in

Grimes, IA conveniently located off heavily trafficked HWY 141

and just east of GrimesPlex, a new 50-acre synthetic turf multi-

sport complex located in Hope District. Hope District, currently under construction, will boast a 200-acre multi use entertainment district that will include retail, restaurants, and hotels.

Property Highlights

• For Sale: $6,500,000

• For Lease: $27.00/SF/NNN (South Drive-Thru

$29.00/SF/NNN)

• Lot Size: 3.12 acres

• Bay sizes: ±1,600 SF

• 2023 OPEX: estimated - $7.00/SF

• Generous TI Allowance

• Monument Signage Available

• VPD: HWY 141 - 22,000 (2021)

This is a 20,054 sqft retail building located at the

entrance of the Hope District which is home to Grimes Plex, Hy-Vee, Culvers, Arby's Jiffy Lube, DUPACO Credit Union, and many more retailers!

Here is your chance to lease up to 10,000 sqft of retail/flex located at one of the most traveled intersections in Polk County and with excellent visibility from Highway 141 (39,000 VPD in 2016).

• Availability: 2,439 SF

• Rate: $16.50/SF NNN

• Estimated Annual OPEX: Available Upon Request •Tenant Improvement Allowance: Negotiable

• 11,449 SF building

• Available unit is in shell condition

• Property situated on the northeast corner of

Meredith Drive/128th Street

• Abundant free surface parking

• Located within Paragon Business Park, which is

approximately 280-acre mixed use development

• Co-tenants include Jimmy John’s, Signature Nails

& Spa, and The Chicken Coop

Pre-leasing Retail/Office space for lease in Grimes. Newly proposed building to be completed Fall 2022. Easy access to Hwy 141, 100th Street and Interstates 35/80. Centrally located servicing Grimes, Johnston and Urbandale.

Property Features

• For Lease: Negotiable

• Size: 1,500 to 11,000 square feet

• Tenant Improvement Allowance available

• Neighboring Businesses: Amazon, Elite Edge,

Subway, RC Dermatology, Sun Tan City, Buff City

Soap, and Kum & Go

• Building & monument signage available

• Drive-Thru space available

• End-Cap with Patio available

• To be completed summer of 2024

• Traffic Counts (2020): SE 19th Street 8,473

• Total population: 1 mile 3,921 | 3 miles 29,870 | 5 miles 89,200

Commercial Building Development in the NE quadrant of Highway 141 and 37th Street in Grimes, Iowa. Construction recently completed and the building is ready for possession.

FOR LEASE:

• Available Bay sizes from 1,700 - 4,364 SF

• Rear drive-in doors

• Outstanding visibility from Hwy 141 (36,000+

VPD)

• Located at the first intersection off the new Hwy

141 flyover

• Ideal location for local & regional commercial

users

• M-1A Zoning

• Basic Delivery Conditions: HVAC stubbed to

space, 1 ADA restroom, electrical panel in place,

sprinkler run the length of the space.