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701 A Ave 78,237 SF 100% Leased Industrial Building Grundy Center, IA 50638 $1,750,000 ($22.37/SF)
EXECUTIVE SUMMARY
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.
PROPERTY FACTS
| Price | $1,750,000 | Building Class | B |
| Price Per SF | $22.37 | Lot Size | 4.23 AC |
| Sale Type | Investment | Rentable Building Area | 78,237 SF |
| Property Type | Industrial | No. Stories | 1 |
| Property Subtype | Distribution | Year Built/Renovated | 1950/2007 |
| Zoning | M-2 | ||
| Price | $1,750,000 |
| Price Per SF | $22.37 |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Distribution |
| Building Class | B |
| Lot Size | 4.23 AC |
| Rentable Building Area | 78,237 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1950/2007 |
| Zoning | M-2 |
AMENITIES
- Cooler
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $721,690 | |
| Land Assessment | $57,110 | Total Assessment | $778,800 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$57,110
Improvements Assessment
$721,690
Total Assessment
$778,800
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701 A Ave
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