701 A Ave - Distribution FOR SALE


Grundy Center, IA 50638
$1,750,000 USD
319-239-0001
701 A Ave, Grundy Center, IA for Sale
$1,750,000 USD
Distribution - FOR SALE
1/8
null | Request Cap Rate

701 A Ave
Grundy Center, IA 50638


OVERVIEW

Located in Grundy Center, Iowa—the county seat of Grundy County in East Central Iowa—this ±75,000 square foot industrial manufacturing and warehouse facility offers a unique combination of turnkey infrastructure and investment potential. Situated along Highway 14, just seven miles south of Highway 20 with direct access to I-35 and I-380, the property is ideally positioned for regional and national distribution. The facility includes approximately 23,000 square feet of former SQF and Kosher Certified food-grade production space, over 50,000 square feet of warehouse, and dedicated office and locker room areas to support operations. Key features include eight dock-high doors, two at-grade drive-in doors, a wet sprinkler system throughout, and an ESFR sprinkler system covering 30,000 square feet of warehouse space. As an added benefit to investors, WAVEtek Process Technology will lease back 45,000 square feet at $3.00 per square foot NNN for a term of 36 months from the date of closing, providing immediate income and operational stability. This is an excellent opportunity for users or investors seeking high-quality industrial space in a strategic Iowa location.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$58 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.23

LAND SF

184,259

ZONING

M-2

APN/PARCEL ID

871701451008,871701451012,871712226004

ASK ABOUT THIS PROPERTY

Matthew MieheMiehe Commercial Real EstateMore Info
319-239-0001

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Matthew MieheMiehe Commercial Real EstateMore Info
319-239-0001

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.