Des Moines, IA Commercial Real Estate for Lease and Sale

Explore 156 listings of Des Moines commercial real estate to find the best space for your business.

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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The Cutler Apartments

2419 Cottage Grove Ave, Drake, Des Moines, IA
Property

Multi-Family

10,631 SF
Year Built

1910
For Sale

$675,000
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1532 Ohio St

1532 Ohio St, Capitol Park, Des Moines, IA
Property

Industrial

6,630 SF
Year Built

1990
For Sale

$800,000
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2500 Dixon Street

2500 Dixon Street, Fairmont Park, Des Moines, IA
Property

Industrial

135,197 SF
Year Built

1975
For Sale

$10,000,000
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Office Coworking Retail Industrial

Office Retail Industrial Land
4505 Douglas Avenue

4505 Douglas Avenue, Meredith, Des Moines, IA
Property

Office

8,824 SF
For Sale

$1,400,000
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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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615 3rd Street

615 3rd Street, Downtown Des Moines, Des Moines, IA
Property

Office

48,970 SF
Availability

4 Spaces

33,680 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

2 Spaces

2,679 SF
Year Built

1912
For Lease

$12.00/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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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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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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Capital Square

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

Office

454,619 SF
Availability

21 Spaces

193,282 SF
Year Built

1983
For Lease

$7.00 - $12.00/SF/YR
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Argonne Retail Space

1723 Grand Ave, Downtown Des Moines, Des Moines, IA
Property

Retail

4,110 SF
Availability

1 Space

4,110 SF
For Lease

$14.00/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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3199 Dixon Street

3199 Dixon Street, Fairmont Park, Des Moines, IA
Property

Industrial

14,880 SF
Availability

1 Space

14,880 SF
Year Built

1986
For Lease

$8.95/SF/YR
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Riverpoint

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

Office

51,685 SF
Availability

1 Space

8,131 SF
Year Built

1979
For Lease

$5.95/SF/YR
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Iowa Orthopaedic Center

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

Office

60,000 SF
Availability

1 Space

24,000 SF
Year Built

2008
For Lease Contact for pricing
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ThePlaza

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

Office

22,928 SF
Availability

3 Spaces

22,928 SF
Year Built

1984
For Lease

$7.00/SF/YR
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7251 SE 5th St

7251 SE 5th St, South Des Moines, Des Moines, IA
Property

VacantLand
For Sale

$1,200,000
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1220 3rd Street

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

VacantLand
For Sale

$45,000
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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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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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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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3199 Dixon Street

3199 Dixon Street, Fairmont Park, Des Moines, IA
Property

Industrial

14,880 SF
Year Built

1986
For Sale

$1,295,000
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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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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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4150 E. University Avenue

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

VacantLand
For Sale

$250,000
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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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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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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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Victoria Cleaners

3604 Ingersoll Ave, North of Grand, Des Moines, IA
Property

Retail

1,890 SF
Year Built

1951
For Sale

$650,000
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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

14,407 SF
Year Built

1985
For Lease

$20.50/SF/YR
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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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Oakmoor North Office Building

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

Office

25,088 SF
Availability

7 Spaces

10,598 SF
For Lease

$9.00 - $12.00/SF/YR
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1203 5th Avenue

1203 5th Avenue, River Bend, Des Moines, IA
Property

VacantLand
For Sale

$56,750
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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

$640,000
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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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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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600 SW 7th Street

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

Office

52,920 SF
Availability

1 Space

14,705 SF
Year Built

1990
For Lease

$6.95/SF/YR
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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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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
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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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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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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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Capitol Center II

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

Office

63,189 SF
Availability

1 Space

4,072 SF
Year Built

1983
For Lease

$12.95/SF/YR
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3300 SW 9th Street

3300 SW 9th Street, Grays Lake, Des Moines, IA
Property

Office

27,638 SF
Availability

1 Space

1,030 SF
For Lease

$850.00/MO
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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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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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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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2801 Bell Ave

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

Office

18,004 SF
Availability

1 Space

18,004 SF
Year Built

1963
For Lease Contact for pricing
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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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303 University Avenue

303 University Avenue, River Bend, Des Moines, IA
Property

Office

3,623 SF
Year Built

1981
For Sale

$460,000
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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 4,803,598 square feet of office space across 68 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 952,937 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 2,153,584 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 1,123,073 square feet of available listings. Industrial space available in Des Moines adds up to 574,143 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 $10.64 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 $6.62 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 Downtown Des Moines.

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 $17 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 76,248 square feet.
Retail properties here incorporate an average of 35,294 square feet.
Industrial space in Des Moines is in buildings that are, on average 74,262 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 2,409,418 square feet. The market offers 48 active office listing(s), which amount to 1,136,817 square feet and account for 57% of commercial spaces on the market. Local retail availability includes 304,080 square feet across 18 retail space(s). Industrial space for rent opportunities in Des Moines amount to 403,112 square feet across a total of 16 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	48	1,136,817
Retail	18	304,080
Industrial	16	403,112
Other	2	565,409

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 1,103,229 square feet of commercial property for sale here , which includes 18 office building(s) for sale , 9 retail investment opportunity listing(s) , and 7 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	18	511,413
Retail	9	58,294
Industrial	7	296,619
Other	27	236,903

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

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