Des Moines, IA Commercial Real Estate for Lease and Sale

Explore 139 listings of Des Moines commercial real estate for lease and for sale to find the best space for your business.

CRE Market FAQs

520 35th St

520 35th St, North of Grand, Des Moines, IA
Property

Office

4,872 SF
Year Built

1956
For Sale

$500,000
View Details (opens in new window)
3121 Merle Hay Road

3121 Merle Hay Road, Merle Hay, Des Moines, IA
Property

VacantLand
For Sale

$399,182.1
View Details (opens in new window)
520 35th St

520 35th St, North of Grand, Des Moines, IA
Property

Office

4,872 SF
Availability

1 Space

4,872 SF
Year Built

1956
For Lease

$16.00/SF/YR
View Details (opens in new window)
31st & Ingersoll

3121 Ingersoll Ave, North of Grand, Des Moines, IA
Property

Retail

30,000 SF
Availability

1 Space

30,000 SF
For Lease Contact for pricing
View Details (opens in new window)
2121 Delaware Ave

2121 Delaware Ave, Fairmont Park, Des Moines, IA
Property

Office

5,000 SF
Availability

1 Space

5,000 SF
For Lease

$8.00/SF/YR
View Details (opens in new window)
Capitol Center III

400 East Court Avenue, Historic East Village, Des Moines, IA
Property

Office

61,103 SF
Availability

1 Space

885 SF
Year Built

1985
For Lease

$12.95/SF/YR
View Details (opens in new window)
1201 Keosauqua Way

1201 Keosauqua Way, Downtown Des Moines, Des Moines, IA
Property

Retail

28,092 SF
Availability

2 Spaces

5,036 SF
Year Built

1920
For Lease

$22.62 - $29.50/SF/YR
View Details (opens in new window)
4919 Douglas Avenue

4919 Douglas Avenue, Meredith, Des Moines, IA
Property

Office

7,260 SF
Availability

2 Spaces

2,543 SF
Year Built

1985
For Lease

$12.00/SF/YR
View Details (opens in new window)
Storey Kenworthy

1333 Ohio St, Capitol Park, Des Moines, IA
Property

Office

48,552 SF
Year Built

1989
For Sale

Subject To Offer
View Details (opens in new window)
3523 6th Ave

3523 6th Ave, Highland Park, Des Moines, IA
Property

Retail

5,036 SF
Availability

1 Space

1,725 SF
For Lease

$15.00/SF/YR
View Details (opens in new window)
Upgrade your lease management practices

Simplify your accounting operations and seamlessly track, manage and collaborate on your lease portfolio from anywhere.
Learn more
Terrace Place

2600 Grand Avenue, Southwestern Hills, Des Moines, IA
Property

Office

51,058 SF
Availability

1 Space

1,085 SF
Year Built

1987
For Lease

$10.95/SF/YR
View Details (opens in new window)
3921 Delaware Ave

3921 Delaware Ave, Douglas Acres, Des Moines, IA
Property

Industrial

30,500 SF
Availability

1 Space

5,000 SF
Year Built

1988
For Lease

$9.00/SF/YR
View Details (opens in new window)
2801 Bell Avenue

2801 Bell Avenue, Southwestern Hills, Des Moines, IA
Property

Industrial

18,004 SF
Availability

1 Space

18,004 SF
Year Built

1963
For Lease Contact for pricing
View Details (opens in new window)
Riverpoint

400 SW 8th St, Downtown Des Moines, Des Moines, IA
Property

Office

40,080 SF
Availability

1 Space

16,047 SF
Year Built

1999
For Lease

$8.50/SF/YR
View Details (opens in new window)
Merle Hay Mall

3800 Merle Hay Road, Merle Hay, Des Moines, IA
Property

Retail

1,060,000 SF
Availability

1 Space

1,840 SF
Year Built

1959
For Lease

$23.00/SF/YR
View Details (opens in new window)
Market Building

118 SE 4th Street, Historic East Village, Des Moines, IA
Property

Office

50,688 SF
Availability

2 Spaces

33,792 SF
Year Built

1874
For Lease Contact for pricing
View Details (opens in new window)
4600 SW 9th Street

4600 SW 9th Street, Watrous South, Des Moines, IA
Property

Office

9,100 SF
Year Built

1978
For Sale

$775,000
View Details (opens in new window)
Locust Plaza

1420 Locust Street, Downtown Des Moines, Des Moines, IA
Property

Office

34,646 SF
Availability

3 Spaces

13,263 SF
Year Built

2015
For Lease

$15.00 - $17.00/SF/YR
View Details (opens in new window)
5402 SE 14th Street

5402 SE 14th Street, South Park, Des Moines, IA
Property

VacantLand
For Sale

$3
View Details (opens in new window)
1200-1230 Locust Street & 309 13th Street

1200 Locust Street, Downtown Des Moines, Des Moines, IA
Property

Office

371,920 SF
Availability

10 Spaces

81,926 SF
Year Built

2007
For Lease

$12.00/SF/YR
View Details (opens in new window)
Capitol Center II

500 East Court Avenue, Historic East Village, Des Moines, IA
Property

Office

63,189 SF
Availability

1 Space

6,651 SF
Year Built

1983
For Lease

$12.95/SF/YR
View Details (opens in new window)
330 Laurel Street

330 Laurel Street, Cheatom Park, Des Moines, IA
Property

Office

51,084 SF
Availability

1 Space

7,572 SF
Year Built

2003
For Lease

$22.00/SF/YR
View Details (opens in new window)
1771 Guthrie Ave

1771 Guthrie Ave, Fairmont Park, Des Moines, IA
Property

Industrial

22,000 SF
Availability

1 Space

22,000 SF
Year Built

1997
For Lease

$7.25/SF/YR
View Details (opens in new window)
1930-64 First st

1930-64 First st, Highland Park, Des Moines, IA
Property

Retail

7,335 SF
Availability

2 Spaces

2,629 SF
For Lease

$19.00 - $22.00/SF/YR
View Details (opens in new window)
4131 55th Street

4131 55th Street, Merle Hay, Des Moines, IA
Property

Multi-Family

2,643 SF
Year Built

1947
For Sale

$245,000
View Details (opens in new window)
Riverpoint

601 SW 9th Street, Downtown Des Moines, Des Moines, IA
Property

Office

51,685 SF
Availability

2 Spaces

12,687 SF
Year Built

1979
For Lease

$5.95/SF/YR
View Details (opens in new window)

Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Des Moines commercial real estate market incorporates 4,569,622 square feet of office space across 71 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Des Moines commercial real estate market includes 1,800,477 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Des Moines market, there is a total of 1,397,823 square feet of industrial property.

The listing inventory in Des Moines incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Des Moines is represented by Office space, which accounts for 926,691 square feet of available listings. Retail space available in Des Moines adds up to 422,908 square feet.

Meanwhile, most of the listings of commercial property for sale in Des Moines are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Des Moines is $12.94 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Des Moines can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset. What’s more, each commercial property type makes its own rent market: while the average rent for office space rested at $24.7 per square foot, industrial space in Des Moines saw average rents of $6.86 per square foot.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Des Moines, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Des Moines is in the Downtown Des Moines neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Downtown Des Moines area.

Meanwhile, retail space opportunities are most abundant in the Downtown Des Moines submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Douglas Acres.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $29.5 per square foot. In particular, the property type commanding the highest lease rates in Des Moines was Retail space.

Conversely, the highest sale price last year was $29,000,000 that is located at 1615 Locust Street.

The average size of a commercial property in Des Moines depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Des Moines, the average size of an office property is 68,204 square feet.
Retail properties here incorporate an average of 52,956 square feet.
Industrial space in Des Moines is in buildings that are, on average 82,225 square feet in size.

Des Moines, IA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Des Moines currently add up to 1,788,675 square feet. The market offers 56 active office listing(s), which amount to 926,691 square feet and account for 51% of commercial spaces on the market. Local retail availability includes 422,908 square feet across 37 retail space(s). Industrial space for rent opportunities in Des Moines amount to 420,905 square feet across a total of 15 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	56	926,691
Retail	37	422,908
Industrial	15	420,905
Other	1	18,171

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Des Moines, IA. Currently, there is 1,112,998 square feet of commercial property for sale here , which includes 14 office building(s) for sale , 4 retail investment opportunity listing(s) , and 4 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	14	673,859
Retail	4	53,040
Industrial	4	149,708
Other	15	236,391

Des Moines, IA Commercial Real Estate for Lease and Sale

520 35th St

3121 Merle Hay Road

520 35th St

31st & Ingersoll

2121 Delaware Ave

Capitol Center III

1201 Keosauqua Way

4919 Douglas Avenue

Storey Kenworthy

3523 6th Ave

Terrace Place

3921 Delaware Ave

2801 Bell Avenue

Riverpoint

Merle Hay Mall

Market Building

4600 SW 9th Street

Locust Plaza

5402 SE 14th Street

1200-1230 Locust Street & 309 13th Street

Capitol Center II

330 Laurel Street

1771 Guthrie Ave

1930-64 First st

4131 55th Street

Riverpoint

Frequently Asked Questions

Des Moines, IA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us

About Us

Our Tools

Des Moines, IA Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Des Moines, IA?

What factors affect the price of commercial real estate in Des Moines, IA?

What is the average rent for commercial space in Des Moines, IA?

What are the best areas for commercial real estate in Des Moines, IA?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Des Moines, IA?

Des Moines, IA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us