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512 NE Main St
Grimes, IA 50111 Outer West Des Moines/Urbandale

$5,757,815 USD

Distribution For Sale  •  71,447 SF

Property Details

• Property Type Distribution
• Total Building Size 71,447 SF
• Lot Size 6.61 AC
• Building Class C
• Year Built 1950
• Cap Rate 8.00 %
• Tenancy Single
• Zoning M3

0 Transit Score

59 Walk Score

Highlights

5 Years Remaining (60 Months)

Ideal Property For 1031 Exchange

NN Lease

71,447 SF Distribution Facility

Landlord responsibilities limited to foundation, structure, and roof (all new roofs, main warehouse roof has a 20 year transferable warranty)

6.6 Acres with opportunity to add 75,000 SF or larger building

Property Flyers

Marketing Brochure

Cap Rate:

8.00 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Right Stuf

Public Transportation

Airport	Drive	Walk	Distance
Des Moines International	31 min	-	17.9 mi