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619 & 715 E St S, Grinnell, IA 50112 2 Industrial Properties Offered at $11,586,839 CAD in Grinnell, IA
Executive Summary
Colliers is pleased to exclusively offer for sale 619 and 715 East Street, a 120,000 square foot distribution facility and 19,200 SF cross-dock trucking facility located in Grinnell, Iowa and 100% leased to Data Center Storage Partners LLC on a three-year lease. The offering presents investors with stable cash flow backed by a rapidly expanding tenant who services the data center industry.
Property Facts
| Price | $11,586,839 CAD | Number of Properties | 2 |
| Price / SF | $83.24 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 8.50% | Total Building Size | 139,200 SF |
| Sale Type | Investment | Total Land Area | 14.10 AC |
| Status | Active |
| Price | $11,586,839 CAD |
| Price / SF | $83.24 CAD / SF |
| Cap Rate | 8.50% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 139,200 SF |
| Total Land Area | 14.10 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 715 East St, Grinnell, IA 50112 | Industrial | 120,000 SF | 1999 | - |
| 619 East St S, Grinnell, IA 50112 | Industrial | 19,200 SF | 1988 | - |
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Contacts
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Andrew Lubinski -
Justin Felix -
Aaron Whitmore -
Ethan Haglund -
Casey O'Malley -
CBRE, Inc.
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619 & 715 E St S, Grinnell, IA 50112
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