Historic Office Building with 14-Foot
108 3rd St, Des Moines, IA 50309
For Lease
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Historic office building with 14-foot ceilings, natural light, and space sizes ranging up to 31,833 SF.
Space Size31,833 SF
Days on Market222
Property Features for 108 3rd St
General Information
Standard status
Size
Property subtype
Lease Type
Site & Location
Neighborhood
Additional Details
Clear Height
Amenities
natural lighting
branding/signage opportunity
Spaces For Lease
at 108 3rd St
The Davidson Building
$16.50/SF/Yr
Floor
1-3
Size
31,833 SF
Type
OFFICE
Lease Type
NNN
Availability
AVAILABLE, Completion
Sublease
No
Property Specifications:
- Available: 2,500 - 31,833 SF
- Lease rate: Negotiable
- Est. OPEX: Available upon request
- Building is on the National Historic Registry, and currently
undergoing historic renovation
- Developed by Stanbrough Realty Company
- Located in the heart of downtown Des Moines, in close
proximity to numerous restaurants, office users,
entertainment, hospitality, and more
- 14' ceilings, exposing mass timber and brick
- Heavy daytime traffic
- Natural lighting throughout
- Branding/signage opportunity
Contact us
Listing Agency:
JLL
(515) 218-7010
Listed By:
Justin Lossner, CCIM, SIOR
(515) 371-0846
Source:
Moodyscre
Added: Apr 2
Changed: Nov 4
Last Checked: Nov 8 at 7:46AM
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 JLL
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Investment Insights
Based on property information with market context.
This historic office building is currently undergoing historic renovation and is listed on the National Historic Registry. Available space ranges from 2,500 to 31,833 SF, with leasing terms including a negotiable lease rate and operating expenses available upon request. Inside, the property offers 14-foot ceilings with exposed mass timber and brick, along with natural lighting throughout, creating a distinctive, character-forward workspace.
Located at 108 3rd St in downtown Des Moines, the building is in close proximity to restaurants, office users, entertainment, and hospitality. The property also notes heavy daytime traffic, supporting strong visibility for branded signage opportunities.
With its renovated historic features and flexible suite size range, the building is well suited for office tenants seeking an established downtown address and a high-ceiling interior presentation.
Located at 108 3rd St in downtown Des Moines, the building is in close proximity to restaurants, office users, entertainment, and hospitality. The property also notes heavy daytime traffic, supporting strong visibility for branded signage opportunities.
With its renovated historic features and flexible suite size range, the building is well suited for office tenants seeking an established downtown address and a high-ceiling interior presentation.
Key Highlights
- Historic office building on the National Historic Registry currently undergoing historic renovation
- 14' ceilings featuring exposed mass timber and brick
- Natural lighting throughout the building
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
14 ft
Clear height
NNN (Triple Net)
Lease Type
$2.48 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,894
Businesses Nearby
Explore this area
Business Placement
Demographics for 50309, IA
9,532
Population
7,562
Households
1.3
Avg Household Size
30
Median Age
67%
College-Educated
96%
High-School Grad
2.7 sq mi
ZIP Area
3,530
Density / Sq Mi
$57,974
Median Household Income
$52,775
Median Earnings
$1,166
Median Rent
$286,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Des Moines, IA
$17.94 /SF/Yr
Avg Asking Price
$16–$20 /SF/Yr
Price Range
24,586 SF
Avg Space Size
This space is priced 8% below the average of $17.94 /SF/Yr.
Average Price Trend$/SF/Yr for Office buildings in Des Moines, IA
Properties on Market for Office buildings in Des Moines
Vacancy Rate% for Office in Des Moines, IA
Frequently Asked Questions
What type of property is this?
Office building - Historic office building with 14-foot ceilings, natural light, and space sizes ranging up to 31,833 SF.
Where is this office building located?
The property is located at 108 3rd St Des Moines, IA.
What is the lease rate?
The lease rate is $16.50 SF/Yr.
What are key features of this property?
This property features: Historic office building on the National Historic Registry currently undergoing historic renovation; 14' ceilings featuring exposed mass timber and brick; Natural lighting throughout the building
