Renovated Market District Office
For Lease
Contact for pricing
118 Southeast 4th Street, Des Moines, IA 50309
Creative office space in the heart of the Market District.
Space Size16,896 SF
Days on Market204
Property Features for 118 Southeast 4th Street
General Information
Standard status
Active
Size
16,896 SF
Property subtype
Office
Spaces For Lease
at 118 Southeast 4th Street Contact us1st Floor Available
Size
16,896 SF
Type
Office
- 300 SF – 1,700 SF - Executive Suites - Short-term leases available + Lease Rate - $250 - $1,400/month
Contact us 2nd Floor Available
Size
16,896 SF
Type
Office
− 16,896 SF − 100% vacant
Contact us
Listing Agency:
CBRE
Listed By:
Bill Wright · License #S33231000
(515) 210-3050
Source:
Cbre
Added: Mar 25
Changed: Oct 13
Last Checked: Oct 12 at 6:31PM
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 CBRE
Investment Insights
Based on property information with market context.
The Market Building, a project by Christensen Development, is located in the Market District. The 33,792 square foot property is undergoing a complete renovation to create office opportunities. The building can accommodate multiple tenants and has the potential for a rooftop patio. Located south of the East Village and east of downtown Des Moines, it is also near Interstate 235. The property is suitable for office space users. The space is available to be divided down to 4,000 square feet or can be used as a single space of 33,792 square feet. The owner will also consider retail, event, or entertainment uses. Up to 55 on-site parking stalls are available for lease.
Key Highlights
- Prime location in the heart of the Market District, near East Village and downtown Des Moines.
- Complete renovation planned, offering modern finishes and a creative loft feel.
- Flexible space: Available from 4,000 SF up to 33,792 SF.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,850
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Des Moines, IA
$18.45 /SF/Yr
Avg Asking Price
$16–$20 /SF/Yr
Price Range
26,951 SF
Avg Space Size
Vacancy Rate% for Office in Des Moines, IA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Creative office space in the heart of the Market District.
Where is this office building located?
The property is located at 118 Southeast 4th Street Des Moines, IA.
What are key features of this property?
This property features: Prime location in the heart of the Market District, near East Village and downtown Des Moines.; Complete renovation planned, offering modern finishes and a creative loft feel.; Flexible space: **Available from 4,000 SF up to 33,792 SF.**
