Listing Agency: CBRE - Des Moines t***@cbre.com Show Phone

Listed By: T.J. Jacobs · License #S33231000 Show Phone

Source: Cbre

Added: Nov 22, 2025 Changed: Aug 22 Last Checked: Aug 23 at 10:51AM

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Investment Insights

Based on property information with market context.

This seven-story Class A professional office building offers 245,532 rentable square feet. The building features a public skywalk connection and is situated directly north of a ten-story parking garage. Located on the west portion of the building is Pappajohn Sculpture Park, along with a variety of restaurant and entertainment amenities. The property is located in Downtown Des Moines, within three minutes of I-235.

Key Highlights

• Class A professional office building with 245,532 rentable square feet.
• Located in Downtown Des Moines.
• Benefit from a public skywalk connection.

Property Analytics

Property Profile

Current Use

Office buildings

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Butcher Pet Grooming Service Furniture & Home Goods Restaurant

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

Location Intelligence

Trade Area within ½ mile

4,601

Businesses Nearby

Explore this area Business Placement

Market

Lease Benchmarks for Des Moines, IA

$17.55 /SF/Yr

Avg Asking Price

$9–$24.95 /SF/Yr

Price Range

40,020 SF

Avg Space Size

Vacancy Rate% for Office in Des Moines, IA

15.9% 2023

20% 2024

16.8% 2025

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Frequently Asked Questions

What type of property is this?

Office building - Seven-story Class A office building in Downtown Des Moines.

Where is this office building located?

The property is located at 1150 Locust Street Des Moines, IA.

What are key features of this property?

This property features: Class A professional office building with 245,532 rentable square feet.; Located in Downtown Des Moines.; Benefit from a public skywalk connection.