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

Listed By: Bill Wright · License #S33231000 Show Phone

Source: Cbre

Added: Nov 22, 2025 Changed: Aug 12 Last Checked: Aug 23 at 5:34AM

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Investment Insights

Based on property information with market context.

Located at 3440 Grand Avenue, this five-story building offers 90,223 square feet of space within the DMU32 Health and Business Complex. The facility includes offices, conference rooms, lecture auditoriums, and an executive suite, along with support spaces.

Key Highlights

• Five‑story building with 90,223 square feet of space.
• Located within the DMU32 Health and Business Complex.
• Includes offices, conference rooms, lecture auditoriums, and an executive suite.

Property Analytics

Property Profile

Current Use

U.S. Bank ATM Atm

Suggested Use

Top Pick Electrical Service HVAC Service Auto Parts Store Parking Lot & Garage Big Box & Wholesale Store (Bike/Boat/Book/etc) Store

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

$3.00 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

1,014

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

$17.55 /SF/Yr

Avg Asking Price

$9–$24.95 /SF/Yr

Price Range

40,020 SF

Avg Space Size

This space is priced 14% above the average of $17.55 /SF/Yr.

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 - Five-story office building in DMU32 Health and Business Complex.

Where is this office building located?

The property is located at 3440 Grand Avenue Des Moines, IA.

What is the lease rate?

The lease rate is $20 SF/Yr.

What are key features of this property?

This property features: Five‑story building with 90,223 square feet of space.; Located within the DMU32 Health and Business Complex.; Includes offices, conference rooms, lecture auditoriums, and an executive suite.