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Visible Office Space on Merle Hay
For Lease
$11 SF/Yr

4725 Merle Hay Road, Des Moines, IA 50322

Highly visible office space with utilities included on Merle Hay.

Space Size1,013 SF - 1,733 SF
Property Size25,088 SF
Days on Market269

Property Features for 4725 Merle Hay Road

General Information

Standard status Active
Size 1,013 SF - 1,733 SF
Class C
Property subtype Office
Lease Term Full Service

Building Details

Building Size 25,088 SF

Spaces For Lease

at 4725 Merle Hay Road Contact us

Suite 108 $11/SF/Yr

Size
1,733 SF
Type
Office Building
Term
Negotiable
Contact us

Suite 212 $11/SF/Yr

Size
1,013 SF
Term
Negotiable
Contact us
Listing Agency: NAI Iowa Realty Commercial - Des Moines
Listed By: Tom Hudson · License #S18121000
Source: Naiglobal
Added: Nov 21, 2025 Changed: Aug 8 Last Checked: Aug 16 at 3:55AM

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 NAI Iowa Realty Commercial - Des Moines

Investment Insights

Based on property information with market context.

This highly visible office property is located on Merle Hay Road, one minute south of I-80. The property offers office spaces for rent. The ground level rate is $12.00 FSG, which includes operating expenses and utilities. The upper level rate is $11.00 FSG. Lease terms are available for 3-5 years with a tenant improvement allowance. Rent includes all utilities, property taxes, common area, and maintenance fees. Ample parking is available. The property size is 25088 square feet.

Key Highlights

  • Highly visible location on busy Merle Hay Road.
  • Rent includes all utilities, property taxes, common area and maintenance fees.
  • Located one minute south of I‑80.

Property Analytics

Current Use

E3 Millennium Therapy ... Medical Clinic Millennium Rehab & Consulting, ... Physician Synergy Clinical Services, ... Crisis Center SS Therapy and Consulting, ... Counselor Iowa Coalition Against ... Social Service Agency

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Hair Salon Nail Salon Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.65 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

321
Businesses Nearby

Demographics for 50322, IA

31,652
Population
13,293
Households
2.4
Avg Household Size
40
Median Age
42%
College-Educated
93%
High-School Grad
10.8 sq mi
ZIP Area
2,931
Density / Sq Mi
$89,323
Median Household Income
$48,016
Median Earnings
$1,151
Median Rent
$263,900
Median Home Value

Market

Lease Benchmarks for Des Moines, IA

$15.38 /SF/Yr
Avg Asking Price
$8.5–$22 /SF/Yr
Price Range
7,968 SF
Avg Space Size

This space is priced 28% below the average of $15.38 /SF/Yr.

Vacancy Rate% for Office in Des Moines, IA

15.9% 2023
20% 2024
16.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Highly visible office space with utilities included on Merle Hay.
Where is this office units located?
The property is located at 4725 Merle Hay Road Des Moines, IA.
What is the lease rate?
The lease rate is $11 SF/Yr.
What are key features of this property?
This property features: Highly visible location on busy Merle Hay Road.; Rent includes all utilities, property taxes, common area and maintenance fees.; Located one minute south of I‑80.
More about this property
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