Grimes, IA Retail Space For Lease

Retail: Land & Building

Two adjacent lots(1.89 Acres & .303 Acres) available for development. This land is located just south of Highway 44 in Grimes.

• Price: $875,000

• Zoned C-2

• Unique barn building - retail potential

- Barn - 5,500 SF

- Potential Strip Center

• Contact Agent for details

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. GrimesPlex is estimated to draw 1.5 million visitors per year. Hope District, currently under construction, will boast a 200-acre multi use entertainment district that will include retail, restaurants, and hotels. The strip center is being offered for lease or for sale. 

Property Highlights

• For Sale: Negotiable

• For Lease: $27.00/SF/NNN

(South Drive-Thru $29.00/SF/NNN)

• Lot Size:  3.12 acres

• Bay sizes: ±1,600 SF

• 2024 OPEX: estimated - $7.50/SF

• Generous TI Allowance

• Monument Signage Available

• VPD: HWY 141 - 22,000 (2021)

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).

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

• 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.

BUILDING HIGHLIGHTS

• End cap

• Abundant parking

• Anchored by Walmart

• Strong restaurant and retail sector

• Up-and-coming location

• Seconds from Hwy 141

• High visibility

• Building signage

• Local ownership with responsive property

management

• High traffic counts

Available Space

+ Suite 600 - 2,000 SF

− East end-cap

− Includes: 3 private offices, galley/sink area and

open office

− 12’ Drive-In Door

− Windows in Warehouse Providing Natural Light

+ Lease Rate: $12.00/SF NNN

+ Operating Expenses: $6.93/SF

+ Sublease term through December 31, 2028

Property Features

+ Building signage available

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

+ Neighboring Businesses: Amazon, Elite Edge,

Subway, RC Dermatology, Sun Tan City,

Buff City Soap, and Kum & Go

NAI Iowa Realty Commercial is pleased to offer an interior retail bay in a Wal Mart shadow anchored strip center in Grimes, IA. The location is ideally positioned in the heart of Grimes' booming retail corridor.

Property Highlights

- Suite 600: 1,182 SF

- Lease Rate: $25.00/SF NNN

- Estimated OPEX: $8.95/SF (2024)

- Grease Interceptor

- Co-Tenants include Taco John's, US Cellular, Grimes Smoke

and Vape, GNC, 4 Seasons Nails, Cost Cutters, Northern Lights

Pizza, and Verizon.