Hi OP,
As others have said, it all depends on how you intend to use your Grenadier.
The Grenadier has been designed as a vehicle that makes some on-road compromises in order to achieve better off-road performance and longevity of the running gear (axles, suspension, etc.). For example, the decision to use a Solid Front Axle (SFA), instead of Independent Front Suspension (IFS).
A 20-inch wheel with relatively low-profile tires (that means a tire with relatively little sidewall) will provide better on-road performance, but much worse off-road performance.
So the decision to buy a Grenadier and then mount 20-inch wheels seems contradictory in terms of one's goals (buying an off-road oriented vehicle and then mounting on-road oriented wheels). You can still do it, and you might notice some improvement in on-road handling (cornering especially), but the Grenadier will never handle like an SUV with IFS, so some will wonder: what's the point?
But there are some people who will buy the Grenadier for its looks, and who have no interest in taking it off-road; they may also prefer the looks of a 20-inch wheel. Folks can do whatever they want! We see something similar with many of the G-Wagens driving the streets of Los Angeles. The pre-2019 G-Wagens were built in very similar ways as the Grenadier - with some design decisions that prioritized off-road performance over on-road performance; a bunch of these were bought by people who liked the looks, and who put on big wheels with low-profile tires.
Just be aware that a 20-inch wheel with a low-profile tire will significantly degrade off-road performance. The following video has been posted previously on the forum, but I'll post it here again. In the video, The Fast Lane Truck (TFL) takes a new Defender off-road on a rocky trail. The Defender has relatively big wheels and low-profile tires. They suffer two tire failures because of the big wheel with the low-profile tire.
View: https://www.youtube.com/watch?v=391AsASvmi8