Grimes Distribution Center V

Investment Opportunities

404

Projects

Hubbell Blog

Grimes Distribution Center V

1301 SE Gateway Drive

Grimes, IA 50111

Services Offered

Capital Stack

Grimes Distribution Center V is the last industrial building in the Grimes Industrial Park, with direct frontage along Highway 141. The project distinguishes itself from the other industrial properties in the area with its taller clear heights, significant glass on the facade, prominent entry features, increased parking and modern color and patterning. Amazon first leased the space as a delivery station in fall 2019 and Hubbell sold the building sold a year later.

Historical Returns Summary

10-Year Sale Return Summary

10-Year IRR

Equity Multiple

Cash-On-Cash
(7-Year Stabilized Avg.)

4-Year Sale Return Summary

4-Year IRR

Equity Multiple

Amenities

Rooftop Patio

Fitness Center

Shared Break / Vending Area

Shared Conference Rooms

Central Atrium Collaboration Space

Our Gallery

Related Work

The following examples highlight Hubbell Realty’s development projects in the Greater Des Moines metro area.

Ankeny, IA 50021

Four Mile Distribution Center I

Waukee, IA 50263

Centennial Crossing

Ankeny, IA 50021

Crosswinds Distribution Center Building II