512 NE Main Street

512 NE Main Street, Grimes, IA 50111

Property Information

  • For Sale $5,757,815
  • 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

Description

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    

Contacts

Ajdin Nadarevic

CBRE

Harrison Kruse

CBRE

Blake Bogenrief

CBRE

Ned Turner

CBRE

Location

Located at 512 NE Main Street, Grimes, IA 50111, this property is part of the Grimes neighborhood and Des Moines market.

Contact 512 NE Main Street
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