- For Lease $16.00 - $22.00/SF/YR
- Property Type Office - General Office
- Property Size 136,000 SF
- Lot Size 0.49 Acre
- Property Tenancy Multi-Tenant
- Building Class B
- Year Built 1923
- Date Updated Mar 30, 2026
Description
The Insurance Exchange Building is a 136,000-square-foot office property situated on a 0.49-acre lot at 429 Grand Avenue. Built in 1923, this Class B building combines historic charm with functionality, ideal for businesses seeking a professional setting in Downtown Des Moines. While parking availability is not specified, several parking facilities are conveniently located nearby.
Nestled in the heart of Downtown Des Moines, the property benefits from close proximity to hotels, dining options, and various amenities. Nearby hotels include the Renaissance Des Moines Savery Hotel and Hyatt Place Des Moines Downtown, both within approximately 0.1 miles. Restaurants such as Domino’s and Splash Seafood Bar & Grill are just steps away, offering quick lunch or after-work dining options. Educational institutions like Mercy College of Health Sciences are less than 0.5 miles away, while child care centers such as Principal Child Development Center are also close by.
True
10 Spaces Available
501 5th Ave #1005
General Office
$20.00/SF/YR
5,364 SF
10
5,364 - 5,364 SF
Immediate
Yes
No
501 5th Ave #101
Retail
$22.00/SF/YR
2,875 SF
1
2,875 - 2,875 SF
Immediate
Full Service
Yes
No
Shell
501 5th Ave #200
General Office
$18.00/SF/YR
11,369 SF
2
5,500 - 11,369 SF
Immediate
Yes
No
501 5th Ave #250
General Office
$18.00/SF/YR
2,028 SF
2
2,028 - 2,028 SF
Immediate
Yes
No
501 5th Ave #301
General Office
$16.00/SF/YR
930 SF
3
930 - 930 SF
Immediate
Yes
No
Contacts
Jones Lang LaSalle
Jones Lang LaSalle
Jones Lang LaSalle