Financial Center

Off-Market

666 Walnut Street, Des Moines, IA 50309

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - General Office
  • Property Size 361,701 SF
  • Lot Size 0.79 Acre
  • Parking Spaces Avail. 282
  • Parking Ratio 0.78 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class A
  • Year Built 1972

Contacts

Find property contacts with verified and updated contact information on CommercialEdge: owners, building management, representatives from permits and tenants.

Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
Unlock on CommercialEdge

This is a preview. The total list of tenants and suites, along with other lease information, for this property is available on CommercialEdge.

Brokers

Do you represent this property? Claim it!

List your spaces with ease and generate only verified leads with CommercialEdge Marketing.

Add listing for free

Documents

Access researched data with nationwide coverage on CommercialEdge: sales, mortgages, financials, title documents and more.

Sales

  • Purchase Date 28 Jan, 2014
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

Market Trends

Average Actual Rents in Des Moines

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
Unlock on CommercialEdge
Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
Unlock on CommercialEdge

Asking Rents in Des Moines Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2022 Avg. Asking Rent $24.70
  • 2022 Office Vacancy Rate 12.09%
  • 2022 Office Completions (SF)

Des Moines Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2022 Avg. Price per SF $117.54
  • 2022 Office Sales Volume $22.4M
  • 2022 Number of Transactions 5
View more Des Moines market trends

Location

Getting Around

  • Walk Score ®

    91/100 Walker's Paradise
  • Transit Score ®

    62/100 Good Transit
  • Bike Score ®

    61/100 Bikeable
Powered by Walk Score ®
  • City Des Moines, IA
  • Neighborhood Downtown Des Moines
  • Zip Code 50309
  • Market Des Moines

Points of Interest

  • ChargePoint Charging Station

    0.36 miles

  • ChargePoint Charging Station

    0.59 miles

  • QuikTrip

    0.60 miles

  • BP

    0.67 miles

  • Git N Go

    0.69 miles

  • Kum & Go

    0.77 miles

  • BP

    0.88 miles

  • QuikTrip

    1.05 miles

  • Star

    1.44 miles

  • Kum & Go

    1.55 miles

  • EMC Parking Garage

    0.09 miles

  • Partnership Building

    0.10 miles

  • 8th & Mulberry Parking Garage

    0.10 miles

  • 5th & Walnut Parking Garage

    0.11 miles

  • Keck City Center

    0.14 miles

  • Wells Fargo Parking Garage

    0.15 miles

  • 9th & Locust Parking Garage

    0.18 miles

  • 701 Grand

    0.20 miles

  • 4th & Grand Parking Garage

    0.21 miles

  • 10th Street Parkade

    0.22 miles

  • Surety Hotel

    0.02 miles

  • Des Moines Marriott Downtown

    0.13 miles

  • Hyatt Place Des Moines Downtown

    0.13 miles

  • Des Lux Hotel

    0.15 miles

  • Renaissance Des Moines Savery Hotel

    0.17 miles

  • Hotel Fort Des Moines

    0.26 miles

  • Residence Inn Des Moines Downtown

    0.38 miles

  • Hilton Des Moines Downtown

    0.39 miles

  • Hampton Inn & Suites Des Moines Downtown

    0.41 miles

  • Holiday Inn Express & Suites

    0.45 miles

  • Evolve Juicery and Kitchen

    0.02 miles

  • Mulberry Street Tavern

    0.04 miles

  • Palmer's

    0.06 miles

  • Potbelly

    0.08 miles

  • JJ Jasmine

    0.14 miles

  • W-Tao Sushi

    0.15 miles

  • Pho Real Kitchen & Bar

    0.16 miles

  • Fong's Pizza

    0.17 miles

  • Bernardo's Burritos

    0.17 miles

  • Blue Sushi Sake Grill

    0.19 miles

  • Mercy College of Health Sciences

    0.63 miles

  • Des Moines Central Campus

    0.86 miles

  • Des Moines Central Academy

    0.93 miles

  • Des Moines Area Community College Urban Campus

    0.94 miles

  • Edmunds Elementary School

    0.94 miles

  • Saint Anthony Catholic School

    0.98 miles

  • Washington School

    1.16 miles

  • McKinley Elementary School

    1.30 miles

  • Saint John's School

    1.41 miles

  • Moulton Elementary

    1.48 miles

  • Principal Child Development Center

    0.43 miles

  • Childtime of Des Moines

    0.46 miles

  • Child Development Center

    0.49 miles

  • Conmigo Early Education Center

    1.15 miles

  • ChildServe Woodland Center

    1.31 miles

  • Child Development Center

    1.32 miles

  • Wonder Years Academy

    3.42 miles

  • New Horizons Academy

    4.29 miles

  • The Kids Room

    4.61 miles

  • Kingdom Kids Academy

    4.65 miles

Frequently Asked Questions

What is the total square footage of Financial Center?

Financial Center totals 361,701 square feet.

When was this property built?

Financial Center was built in 1972.

When was Financial Center last sold?

Financial Center was last sold on 28 Jan, 2014.

What is the property tax for Financial Center?

The property tax for Financial Center in 2023-2024 was $434,700.

What is the market value for Financial Center?

The market value* for Financial Center in 2023-2024 was $11,200,000.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.