Hope Plaza II

For Sale

825 NE Gateway Dr., Grimes, IA 50111

This Grimes property for sale is located at 825 NE Gateway Dr.. The current listed sale price for Hope Plaza II is $6,500,000. Hope Plaza II is situated on a lot that is 3.12 acre in size.

Contacts

broker

Jerry Marckres

NAI Iowa Realty

(515) 453-5482

Property Details

  • Property Type Retail - Strip
  • Property Size 21,238 SF
  • Lot Size 3.12 Acre
  • Year Built 2022
  • Date Updated Apr 17, 2024
Located just to the west off HWY 141 in Grimes, IA.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.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. The strip center is being offered for lease or for sale.

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Highlights

  • For Sale: $6,500,000
  • For Lease: $27.00/SF/NNN (South Drive-Thru $29.00/SF/NNN)
  • Lot Size: 3.118 acres
  • Bay sizes: ±1,600 SF
  • Estimated OPEX: $7.50/SF
  • Generous TI Allowance
  • Monument Signage Available
  • VPD: HWY 141 - 22,000 (2021)

Getting around

  • 32/100

    Walk Score ®

  • 29/100

    Bike Score ®

Powered by Walk Score ®

Location

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

Points of Interest

  • Casey's General Store

    0.31 miles

  • Kwik Star

    0.36 miles

  • Kwik Star

    0.54 miles

  • Kum & Go

    0.60 miles

  • Casey's General Store

    0.98 miles

  • Casey's General Store

    1.01 miles

  • Casey's General Store

    1.83 miles

  • BP

    2.45 miles

  • Kum & Go

    2.53 miles

  • QuikTrip

    2.54 miles

  • Neal Smith Trail Access

    5.55 miles

  • Trestle to Trestle Trail Parking

    6.24 miles

  • Mercy West Lakes Parking

    6.72 miles

  • Von Maur Parking

    6.72 miles

  • Sophomore Lot

    7.27 miles

  • Windsor Place Parking

    7.44 miles

  • Staff Parking

    7.62 miles

  • Raccoon River Valley Trailhead

    8.09 miles

  • Lot 29

    8.70 miles

  • Lot 33

    8.72 miles

  • Culver's

    0.39 miles

  • McDonald's

    0.50 miles

  • Burger King

    0.54 miles

  • Mema's Italian Grinders

    0.56 miles

  • Pancheros Mexican Grill

    0.57 miles

  • Pizza Hut

    0.61 miles

  • Taco John's

    0.64 miles

  • Prime and Crown

    0.64 miles

  • Al's Dairy Freeze

    0.64 miles

  • The Corn Patch Restaurant

    0.92 miles

  • Hy-Vee

    0.30 miles

  • ALDI

    0.42 miles

  • Fareway

    0.58 miles

  • Walmart Supercenter

    0.65 miles

  • Target

    3.30 miles

  • Fareway

    4.16 miles

  • Hy-Vee

    4.45 miles

  • Fareway

    4.45 miles

  • Hy-Vee

    4.82 miles

  • ALDI

    5.08 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Jerry Marckres

NAI Iowa Realty

(515) 453-5482