Listing Agency: CBRE b***@cbre.com Show Phone

Listed By: Bill Wright · License #S33231000 Show Phone

Source: Cbre

Added: Nov 22, 2025 Changed: Aug 21 Last Checked: Aug 23 at 5:32AM

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Investment Insights

Based on property information with market context.

Goldfinch Lofts is a 3-story, mass timber mixed-use project located in the Ingersoll Avenue commercial corridor. The carbon-neutral building offers up to 9,560 square feet of ground-level space. Surface parking is available in the rear. The property is situated at the southeast corner of Ingersoll Avenue and 35th Street. This location is suitable for retailers and businesses seeking Class A space in a modern building.

Key Highlights

• Prime location at the southeast corner of Ingersoll Avenue and 35th Street.
• Up to 9,560 SF of versatile ground level space.
• Newest mass timber mixed‑use project by Cutler Developments.

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick Auto Parts Store HVAC Service Big Box & Wholesale Store Electrical Service Building Supply Parking Lot & Garage

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

$5.10 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

1,034

Businesses Nearby

Explore this area Business Placement

Demographics for 50312, IA

15,485

Population

8,285

Households

1.9

Avg Household Size

40

Median Age

62%

College-Educated

98%

High-School Grad

5.6 sq mi

ZIP Area

2,765

Density / Sq Mi

$82,720

Median Household Income

$54,862

Median Earnings

$1,057

Median Rent

$274,400

Median Home Value

Market

Lease Benchmarks for Des Moines, IA

$19.19 /SF/Yr

Avg Asking Price

$8.5–$34 /SF/Yr

Price Range

5,635 SF

Avg Space Size

This space is priced 77% above the average of $19.19 /SF/Yr.

Vacancy Rate% for Retail in Des Moines, IA

5% 2019

8.4% 2020

5.8% 2021

6.2% 2022

6.1% 2023

6% 2024

5.9% 2025

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Versatile ground-level retail space in a modern, sustainable building.

Where is this retail space located?

The property is located at 3402 Ingersoll Avenue Des Moines, IA.

What is the lease rate?

The lease rate is $34 SF/Yr.

What are key features of this property?

This property features: Prime location at the southeast corner of Ingersoll Avenue and 35th Street.; Up to 9,560 SF of versatile ground level space.; Newest mass timber mixed‑use project by Cutler Developments.