Grimes Industrial Park 5

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Grimes Industrial Park 5

1350 SE Gateway Drive, Grimes, IA

Located at the crossroads of Interstates 80 and 35, the five-building Grimes Distribution Center provides regional and national clients industrial space with a great location and modern amenities. All five buildings were constructed with an Early Suppression Fast Response (ESFR) fire sprinkler system, as well as large docking bays and glass front entries. These speculative industrial buildings were built to fulfill a need in the Grimes community and are now serving multiple industries and clients in the region.

Services Offered

Past Investments

Capital Stack

Historical Returns Summary

10-Year Sale Return Summary

19.82%

10-Year IRR

4.15x

Equity Multiple

10.10%

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

4-Year Sale Return Summary

35.97%

4-Year IRR

2.44x

Equity Multiple

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