1011 Grand Ave West Des Moines, IA
First-floor office suite with reception, offices, and conference room.
- Added:
- Nov 24, 2025
- Days on Market:
- 229
- Last Refresh:
- May 20 at 8:14 pm
Property Features for 1011 Grand Ave
General Information
- Standard status
- Active
- Size
- 1,660 SF
- Lot size
- 0.48 Acres
- Property subtype
- OFFICE
Properties For Sale
at 1011 Grand Ave Contact usListing office Stanbrough Realty Company (515) 402-1642
Listing date Nov 24, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Stanbrough Realty Company
Investment Insights
Based on property information with market context.
Key Highlights
- Move‑in ready first‑floor office space.
- Excellent visibility with monument signage on Grand Avenue.
- Convenient West Des Moines location.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $36.5k | $21.96 |
| − Vacancy | −$7.3k | −$4.39 |
| EGI | $29.2k | $17.57 |
| − OpEx | −$7.3k | −$4.39 |
| NOI | $21.9k | $13.18 |
