Map of Property

512 NE Main Street

For Sale

512 NE Main Street, Grimes, IA 50111

This Grimes property for sale is located at 512 NE Main Street. The current listed sale price for 512 NE Main Street is $5,757,815. 512 NE Main Street is situated on a lot that is 6.61 acre in size.

Contacts

Ajdin Nadarevic

CBRE

Harrison Kruse

CBRE

Blake Bogenrief

CBRE

Ned Turner

CBRE

Property Details

  • Property Type Industrial - Warehouse/Distribution
  • Property Size 77,477 SF
  • Lot Size 6.61 Acre
  • Cap Rate % 8
  • NOI / YR $460,625.00
  • Date Updated May 14, 2026
  • Dock High Doors 3
  • Grade Level Doors 3

Currently operating as an office and warehouse with high ceilings and wide entryways that facilitate seamless loading and unloading, making logistics a breeze. The property is conveniently located with easy access to HWY 141 and is just west of Grimes Plex, a new 50-acre turf multi-sport complex. The current tenant Crunchyroll, LLC, a division of Sony Group, has a lease through 2030.

5 YEARS REMAINING (60 MONTHS)

IDEAL PROPERTY FOR 1031 EXCHANGE

71,447 SF DISTRIBUTION FACILITY

Excellent credit tenant, a division of Sony Group

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

TRIPLE REDUNDANT FIBER AVAILABLE

3 DOCKS, 1 AT GROUND LEVEL

EXCELLENT CREDIT TENANT    

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Getting around

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  • 50/100

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Location

  • City Grimes, IA
  • Neighborhood Grimes
  • Zip Code 50111
  • Market Des Moines

Points of Interest

  • Casey's General Store

    0.31 miles

  • Kum & Go

    0.46 miles

  • Hy-Vee Fast and Fresh

    0.68 miles

  • Kwik Star

    0.91 miles

  • BP

    2.49 miles

  • Tesla Supercharger

    6.51 miles

  • Greenlots

    6.82 miles

  • Ashworth Plaza

    7.49 miles

  • Mister Car Wash

    0.59 miles

  • Grimes Laser Wash

    0.71 miles

  • Diamond Car Wash

    2.46 miles

  • At the Car Wash

    4.02 miles

  • Walnut Creek Laser Wash

    4.05 miles

  • Casey's Car Wash

    4.13 miles

  • Laserwash

    4.45 miles

  • Urbandale Auto Wash

    4.47 miles

  • Bob Brown Car Wash

    4.68 miles

  • Enterprise

    5.33 miles

  • Breadeux Pizza

    0.29 miles

  • Rehab Bar & Grill

    0.37 miles

  • Stevie C's

    0.37 miles

  • Mustang Grill

    0.39 miles

  • Prime and Crown

    0.43 miles

  • B-Bop's

    0.59 miles

  • McDonald's

    0.71 miles

  • Culver's

    0.78 miles

  • Papa John's

    0.83 miles

  • Al's Dairy Freeze

    0.85 miles

Contact 512 NE Main Street
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