Des Moines, IA Commercial Real Estate for Lease - 103 Listings

Former Walgreens Sublease

606 Walnut St, Downtown Des Moines, Des Moines, IA
Property

Retail

36,235 SF
Availability

1 Space

11,712 SF
Year Built

1973
For Lease

$18.50/SF/YR
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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
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Riverpoint

600 SW 7th Street, Downtown Des Moines, Des Moines, IA
Property

Office

53,600 SF
Availability

1 Space

14,705 SF
Year Built

1995
For Lease

$6.95/SF/YR
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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
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100 Court Avenue

100 Court Avenue, Downtown Des Moines, Des Moines, IA
Property

Office

92,296 SF
Availability Contact for availability
Year Built

1900
For Lease Contact for pricing
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Gateway East Building

601 East Locust Street, Historic East Village, Des Moines, IA
Property

Office

30,920 SF
Availability

5 Spaces

14,010 SF
Year Built

2002
For Lease

$22.00/SF/YR
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635 New York Building C

635 New York Ave, Oak Park, Des Moines, IA
Property

Industrial

4,800 SF
Availability

1 Space

4,800 SF
Year Built

1950
For Lease

$7.00/SF/YR
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Capital Square

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

Office

454,619 SF
Availability

24 Spaces

174,317 SF
Year Built

1983
For Lease

$7.50 - $12.00/SF/YR
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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
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Franklin Plaza Shops

4944 Franklin Ave, Waveland Park, Des Moines, IA
Property

Retail

25,187 SF
Availability

5 Spaces

17,171 SF
For Lease Contact for pricing
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909 Locust Street

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

Office

225,654 SF
Availability

2 Spaces

36,521 SF
Year Built

1996
For Lease Contact for pricing
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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
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801 Grand Avenue

801 Grand Avenue, Downtown Des Moines, Des Moines, IA
Property

Office

878,582 SF
Availability

6 Spaces

71,473 SF
Year Built

1990
For Lease Contact for pricing
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Riverpoint Business Park - 500 SW 7th St

500 SW 7th Street, Downtown Des Moines, Des Moines, IA
Property

Office

89,290 SF
Availability

1 Space

3,485 SF
Year Built

1990
For Lease

$17.50/SF/YR
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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
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1100 Locust Street

1100 Locust Street, Downtown Des Moines, Des Moines, IA
Property

Office

764,001 SF
Availability

1 Space

248,283 SF
Year Built

2002
For Lease Contact for pricing
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3422 Ingersoll Ave

3422 Ingersoll Ave, North of Grand, Des Moines, IA
Property

Retail

2,360 SF
Availability

1 Space

2,360 SF
Year Built

1973
For Lease

$18.75/SF/YR
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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
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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
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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
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Davis Brown Tower

215 10th Street, Downtown Des Moines, Des Moines, IA
Property

Office

432,630 SF
Availability

5 Spaces

34,489 SF
Year Built

2007
For Lease

$24.50/SF/YR
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300 East Locust Street

300 East Locust Street, Historic East Village, Des Moines, IA
Property

Office

44,394 SF
Availability

4 Spaces

7,102 SF
Year Built

2001
For Lease

$11.75/SF/YR
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Terrace Center

2700 Grand Avenue, Southwestern Hills, Des Moines, IA
Property

Office

28,238 SF
Availability

1 Space

10,335 SF
Year Built

1987
For Lease

$11.50/SF/YR
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1301 E Euclid Ave

1301 E Euclid Ave, Highland Park, Des Moines, IA
Property

Retail

11,352 SF
Availability Contact for availability
Year Built

1967
For Lease Contact for pricing
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Iowa State Education Association Headquarters

777 3rd Street, Downtown Des Moines, Des Moines, IA
Property

Office

30,210 SF
Availability

1 Space

30,210 SF
Year Built

1967
For Lease Contact for pricing
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The Teachout Building

500 E Locust St, Historic East Village, Des Moines, IA
Property

Office

19,500 SF
Availability

1 Space

1,920 SF
Year Built

1912
For Lease

$16.50/SF/YR
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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 5,413,829 square feet of office space across 73 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 1,572,845 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 1,197,600 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 1,220,464 square feet of available listings. Industrial space available in Des Moines adds up to 435,824 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 $12.89 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 $25.08 per square foot, industrial space in Des Moines saw average rents of $7.2 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 Fairmont Park.

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 78,462 square feet.
Retail properties here incorporate an average of 50,737 square feet.
Industrial space in Des Moines is in buildings that are, on average 63,032 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 1,985,367 square feet. The market offers 57 active office listing(s), which amount to 1,220,464 square feet and account for 49% of commercial spaces on the market. Local retail availability includes 310,908 square feet across 37 retail space(s). Industrial space for rent opportunities in Des Moines amount to 435,824 square feet across a total of 20 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	57	1,220,464
Retail	37	310,908
Industrial	20	435,824
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 1,090,530 square feet of commercial property for sale here , which includes 17 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	17	732,810
Retail	4	28,408
Industrial	4	92,920
Other	17	236,392

Des Moines, IA Commercial Real Estate for Lease - 103 Listings

Former Walgreens Sublease

Terrace Place

Riverpoint

Capitol Center II

100 Court Avenue

Gateway East Building

635 New York Building C

Capital Square

4919 Douglas Avenue

Franklin Plaza Shops

909 Locust Street

520 35th St

801 Grand Avenue

Riverpoint Business Park - 500 SW 7th St

2801 Bell Avenue

1100 Locust Street

3422 Ingersoll Ave

Riverpoint

1771 Guthrie Ave

3523 6th Ave

Davis Brown Tower

300 East Locust Street

Terrace Center

1301 E Euclid Ave

Iowa State Education Association Headquarters

The Teachout Building

Frequently Asked Questions

Des Moines, IA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Des Moines, IA Commercial Real Estate for Lease - 103 Listings

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

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Popular Industrial Searches

About us