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Prime Retail Space Near Park
For Lease
$4,400/Mo

1301 Locust Street, Des Moines, IA 50309

Retail space near sculpture park, high visibility, foot traffic.

Space SizeContact for details
Days on Market141

Property Features for 1301 Locust Street

General Information

Standard status Active
Property subtype Retail
Listing Agency: CBRE - Des Moines
Listed By: Ajdin Nadarevic · License #S67535000
Source: Cbre
Added: Mar 25 Changed: Jul 6 Last Checked: Aug 11 at 3:32PM

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 - Des Moines

Investment Insights

Based on property information with market context.

This retail space is located just off Pappajohn Sculpture Park, near entertainment venues, and within walking distance of major downtown office buildings and attractions. The property features excellent street frontage on Locust Street, ensuring high visibility and foot traffic. It is situated in a bustling area with a mix of residential, commercial, and cultural attractions. The property size is 2450 square feet.

Key Highlights

  • Adjacent to Pappajohn Sculpture Park
  • Walking distance to major downtown office buildings & attractions
  • Excellent street frontage on Locust Street

Property Analytics

Current Use

Arlington Apartments Apartment Building Ritual Cafe Cafe & Coffee Shop Painting with a Twist Training Center Crossword Advisors, LLC Accounting Firm Bottle & Bottega by ... Hotel & Motel

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Auto Parts Store Carpet & Flooring Store Garden Center Locksmith Grocery & Convenience 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
$3.23 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,300
Businesses Nearby

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

Market

Lease Benchmarks for Des Moines, IA

$18.63 /SF/Yr
Avg Asking Price
$8.5–$34 /SF/Yr
Price Range
11,683 SF
Avg Space Size

This space is priced 16% above the average of $18.63 /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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space near sculpture park, high visibility, foot traffic.
Where is this retail space located?
The property is located at 1301 Locust Street Des Moines, IA.
What is the lease rate?
The lease rate is $4,400/Mo.
What are key features of this property?
This property features: Adjacent to Pappajohn Sculpture Park; Walking distance to major downtown office buildings & attractions; Excellent street frontage on Locust Street
More about this property
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