Methodist Medical Plaza II

Off-Market

1215 Pleasant 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 - Medical Office
  • Property Size 110,000 SF
  • Lot Size 0.57 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1986

Contacts

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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
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Brokers

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Documents

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Sales

  • 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
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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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 ®

    73/100 Very Walkable
  • Transit Score ®

    59/100 Good Transit
  • Bike Score ®

    37/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Des Moines, IA
  • Neighborhood Downtown Des Moines
  • Zip Code 50309
  • Market Des Moines

Points of Interest

  • QuikTrip

    0.21 miles

  • Git N Go

    0.25 miles

  • Kum & Go

    0.30 miles

  • ChargePoint Charging Station

    0.53 miles

  • QuikTrip

    0.87 miles

  • Star

    0.97 miles

  • Kum & Go

    0.99 miles

  • ChargePoint Charging Station

    1.03 miles

  • BP

    1.09 miles

  • BP

    1.45 miles

  • Iowa Methodist Parking Garage

    0.07 miles

  • Principal Ramp 2

    0.19 miles

  • Principal Ramp 1

    0.19 miles

  • Wellmark Parking

    0.24 miles

  • 901 Grand Parking

    0.32 miles

  • Voya Financial Parking

    0.35 miles

  • Principal Ramp 3

    0.39 miles

  • 9th & Locust Parking Garage

    0.41 miles

  • 701 Grand

    0.42 miles

  • Nationwide Parking Garage

    0.43 miles

  • Des Lux Hotel

    0.45 miles

  • Hotel Fort Des Moines

    0.45 miles

  • Des Moines Marriott Downtown

    0.47 miles

  • Hyatt Place Des Moines Downtown

    0.52 miles

  • Hilton Des Moines Downtown

    0.58 miles

  • Surety Hotel

    0.61 miles

  • Renaissance Des Moines Savery Hotel

    0.62 miles

  • Holiday Inn Des Moines Downtown

    0.65 miles

  • Holiday Inn Express & Suites

    0.78 miles

  • Fairfield Inn & Suites Des Moines Downtown

    0.78 miles

  • Lina's Mexican Restaurant

    0.30 miles

  • Subway

    0.31 miles

  • Proof

    0.32 miles

  • Jimmy John's

    0.34 miles

  • Smokey D's BBQ

    0.34 miles

  • Americana

    0.35 miles

  • Fighting Burrito

    0.35 miles

  • South Union Bread Cafe

    0.36 miles

  • Centro

    0.36 miles

  • Django

    0.36 miles

  • Edmunds Elementary School

    0.38 miles

  • Des Moines Central Campus

    0.53 miles

  • Des Moines Central Academy

    0.58 miles

  • Mercy College of Health Sciences

    0.59 miles

  • Des Moines Area Community College Urban Campus

    0.72 miles

  • Saint John's School

    0.87 miles

  • King Elementary School

    1.11 miles

  • Callanan Junior High School

    1.21 miles

  • Moulton Elementary

    1.24 miles

  • Des Moines University

    1.47 miles

  • Child Development Center

    0.17 miles

  • Principal Child Development Center

    0.35 miles

  • Childtime of Des Moines

    0.46 miles

  • ChildServe Woodland Center

    0.79 miles

  • Child Development Center

    1.06 miles

  • Conmigo Early Education Center

    1.71 miles

  • Wonder Years Academy

    2.97 miles

  • New Horizons Academy

    3.78 miles

  • The Kids Room

    4.12 miles

  • Kingdom Kids Academy

    4.12 miles

Frequently Asked Questions

What is the total square footage of Methodist Medical Plaza II?

Methodist Medical Plaza II totals 110,000 square feet.

When was this property built?

Methodist Medical Plaza II was built in 1986.

What is the property tax for Methodist Medical Plaza II?

The property tax for Methodist Medical Plaza II in 2023-2024 was $624,881.

What is the market value for Methodist Medical Plaza II?

The market value* for Methodist Medical Plaza II in 2023-2024 was $16,100,000.
*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.

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