Des Moines, IA Commercial Real Estate for Lease and Sale

Explore 170 listings of Des Moines commercial real estate to find the best space for your business.

1220 3rd Street

1220 3rd Street, River Bend, Des Moines, IA
Property

VacantLand
For Sale

$45,000
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Dixon Industrial Park

4161 Dixon Street, Douglas Acres, Des Moines, IA
Property

Industrial

163,380 SF
Availability

1 Space

13,870 SF
For Lease

$6.00/SF/YR
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Merle Hay Tower

3850 Merle Hay Road, Merle Hay, Des Moines, IA
Property

Office

67,325 SF
Year Built

1966
For Sale

$1,600,000
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Merchants Building

312 8th St, Downtown Des Moines, Des Moines, IA
Property

Office

61,908 SF
Year Built

1902
For Sale

Subject To Offer
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Office Coworking Retail Industrial

Office Retail Industrial Land
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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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 Contact for pricing
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520 35th St

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

Office

4,872 SF
Year Built

1956
For Sale

$500,000
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1419 E 40th St Des Moines

1419 E 40th St, Grays Woods, Des Moines, IA
Property

Multi-Family

1,996 SF
Year Built

1983
For Sale

$230,000
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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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RiverPoint Business Park - 400 SW 8th Street

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

Office

40,080 SF
Availability

1 Space

16,407 SF
Year Built

1999
For Lease Contact for pricing
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1203 & 1221 4th Street, Des Moines, IA

1203 & 1221 4th Street, Des Moines, IA, River Bend, Des Moines, IA
Property

VacantLand
For Sale

$220,000
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3004 30th St

3004 30th St, Beaverdale, Des Moines, IA
Property

Office

6,000 SF
Year Built

1985
For Sale

$390,000
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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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4919 Douglas Avenue

4919 Douglas Avenue, Meredith, Des Moines, IA
Property

Office

7,260 SF
Availability

1 Space

550 SF
Year Built

1985
For Lease

$12.00/SF/YR
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4150 E. University Avenue

4150 E. University Avenue, Grays Woods, Des Moines, IA
Property

VacantLand
For Sale

$250,000
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Gateway East Building

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

Office

30,920 SF
Availability

4 Spaces

12,392 SF
Year Built

2002
For Lease

$22.00/SF/YR
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300 MLK

300 Martin Luther King Jr Pkwy, Downtown Des Moines, Des Moines, IA
Property

Retail

2,310 SF
Availability

1 Space

2,310 SF
Year Built

2010
For Lease

$24.85/SF/YR
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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
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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
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Storey Kenworthy

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

Office

48,552 SF
Year Built

1989
For Sale

Subject To Offer
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522 E. Sixth Street

522 E. Sixth Street, Historic East Village, Des Moines, IA
Property

Retail

10,596 SF
Availability

1 Space

2,510 SF
For Lease

$16.00/YR
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The Wright Apartments

3612 Ingersoll Ave, North of Grand, Des Moines, IA
Property

Multi-Family

10,653 SF
Year Built

1912
For Sale

$1,000,000
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50 Forest Ave

50 Forest Ave, Capitol Park, Des Moines, IA
Property

Office

61,712 SF
Year Built

2018
For Sale

Subject To Offer
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1456 2nd Ave

1456 2nd Ave, River Bend, Des Moines, IA
Property

Retail

7,500 SF
Year Built

1969
For Sale

$479,000
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Clive Plaza

University Ave. & 42nd St, Drake, Des Moines, IA
Property

Retail

90,000 SF
Availability

1 Space

3,500 SF
For Lease Contact for pricing
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100 Court Office Building

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

Office

109,000 SF
Availability

4 Spaces

14,951 SF
Year Built

1985
For Lease

$20.50/SF/YR
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635 New York Avenue Building B

635 New York Avenue Building B, Oak Park, Des Moines, IA
Property

Industrial

2,400 SF
Availability

1 Space

2,400 SF
For Lease

$10.00/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

$6.00/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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4131 55th Street

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

Multi-Family

2,643 SF
Year Built

1947
For Sale

$255,000
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1475 Hart Avenue

1475 Hart Avenue, Easter Lake Area, Des Moines, IA
Property

VacantLand
For Sale

$500,000
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3004 30th St

3004 30th St, Beaverdale, Des Moines, IA
Property

Office

6,000 SF
Availability

1 Space

6,000 SF
Year Built

1985
For Lease

$8.00/SF/YR
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Oakmoor North Office Building

4725 Merle Hay Road, Meredith, Des Moines, IA
Property

Office

25,088 SF
Availability

2 Spaces

5,183 SF
For Lease

$9.00 - $12.00/SF/YR
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430 East Grand Avenue

430 East Grand Avenue, Historic East Village, Des Moines, IA
Property

Office

51,456 SF
Availability

3 Spaces

33,552 SF
Year Built

2004
For Lease Contact for pricing
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106 East 6th Street

106 East 6th Street, Historic East Village, Des Moines, IA
Property

Office

49,851 SF
Availability

1 Space

49,851 SF
Year Built

2006
For Lease

$8.50 - $10.50/SF/YR
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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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909 Locust Street

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

Office

225,654 SF
Availability

1 Space

22,000 SF
Year Built

1996
For Lease Contact for pricing
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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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2742 Hubbell Ave

2742 Hubbell Ave, Fairmont Park, Des Moines, IA
Property

Office

2,152 SF
Year Built

2003
For Sale

$349,000
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1123 24th St

1123 24th St, Drake, Des Moines, IA
Property

Multi-Family

2,428 SF
Year Built

1904
For Sale

$405,000
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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

902 SF
Year Built

1990
For Lease

$18.50/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

40,265 SF
Year Built

2007
For Lease

$24.50/SF/YR
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The Fitch Building

304 15th Street, Downtown Des Moines, Des Moines, IA
Property

Office

38,655 SF
Availability

2 Spaces

6,751 SF
Year Built

1950
For Lease

$16.00 - $18.00/SF/YR
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Grandview Acres

3537 Hubbell Ave, Sheridan Gardens, Des Moines, IA
Property

Multi-Family

11,646 SF
Year Built

1979
For Sale

$900,000
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Storey Kenworthy

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

Office

48,552 SF
Availability

1 Space

48,552 SF
Year Built

1989
For Lease Contact for pricing
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4001 E University Ave

4001 E University Ave, Valley High Manor, Des Moines, IA
Property

Multi-Family

5,686 SF
Year Built

1971
For Sale

$650,000
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Terrace Center

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

Office

28,238 SF
Availability

1 Space

4,360 SF
Year Built

1987
For Lease

$11.50/SF/YR
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The Teachout Building

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

Office

19,500 SF
Availability

2 Spaces

2,679 SF
Year Built

1912
For Lease

$12.00/SF/YR
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Hub Tower
Regus
699 Walnut Street 4th Floor, Des Moines, IA
Services

Virtual Office

Open Workspace

Private Office

Dedicated Desk
Amenities

24/7 security

Access to global network

Business address

Business lounge

Cleaning services

Ergonomic furniture

Lounge area

Mail services

Money-back guarantee

Office furniture
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3400 East Euclid Avenue, Unit C

3400 East Euclid Avenue, Unit C, Douglas Acres, Des Moines, IA
Property

Office

3,468 SF
For Sale

$400,000
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1930-64 First st

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

Retail

7,335 SF
Availability

2 Spaces

3,421 SF
For Lease

$19.00/SF/YR
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2940 Ingersoll Ave

2940 Ingersoll Ave, Woodland Heights, Des Moines, IA
Property

Office

4,296 SF
Availability

1 Space

1,653 SF
Year Built

1963
For Lease Contact for pricing
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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 4,825,385 square feet of office space across 74 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 518,215 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 2,893,999 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 Industrial space, which accounts for 1,230,320 square feet of available listings. Office space available in Des Moines adds up to 1,181,738 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 $11.05 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 $7.82 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 $20 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 68,935 square feet.
Retail properties here incorporate an average of 14,807 square feet.
Industrial space in Des Moines is in buildings that are, on average 107,186 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 1,851,956 square feet. The market offers 50 active office listing(s), which amount to 1,054,306 square feet and account for 49% of commercial spaces on the market. Local retail availability includes 219,085 square feet across 28 retail space(s). Industrial space for rent opportunities in Des Moines amount to 477,506 square feet across a total of 21 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	50	1,054,306
Retail	28	219,085
Industrial	21	477,506
Other	2	101,059

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 915,477 square feet of commercial property for sale here , which includes 21 office building(s) for sale , 10 retail investment opportunity listing(s) , and 6 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	21	574,336
Retail	10	74,891
Industrial	6	232,163
Other	23	34,087

Des Moines, IA Commercial Real Estate for Lease and Sale

What type of listing property are you looking for?

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

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