Creative Loft Office
For Lease
$12 SF/Yr
506 3rd Street, Des Moines, IA 50309
Third-floor office suite in a 1916 brick building with loft/creative design and on-site parking.
Space SizeContact for details
Days on Market63
Property Features for 506 3rd Street
General Information
Standard status
Active
Property subtype
Office
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
1916
Stories
3
Construction
loft/creative
Listing Agency:
CBRE - Des Moines
Listed By:
Grant Wright, CCIM
(515) 745-5113
Source:
Cbre
Added: Jul 8
Changed: Sep 8
Last Checked: Sep 8 at 6:25AM
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.
Available for lease is a third-floor office space in the Encore Building. The building is a three-story brick structure constructed in 1916 and is set up with a loft/creative space design, combining turn-of-the-century character with modern amenities. On-site parking is available for tenants and visitors.
Located in downtown Des Moines, the property provides convenient access to I-235 via 3rd Street and 2nd Avenue. The space is within walking distance of restaurants, hotels, and professional services.
This offering is best suited for an organization looking for a creative-style office layout within a historic, multi-story building environment.
Located in downtown Des Moines, the property provides convenient access to I-235 via 3rd Street and 2nd Avenue. The space is within walking distance of restaurants, hotels, and professional services.
This offering is best suited for an organization looking for a creative-style office layout within a historic, multi-story building environment.
Key Highlights
- Third‑floor office suite in the Encore Building, constructed in 1916
- 3‑story brick building with loft/creative space design
- Available on‑site parking
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
4,435
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
Market
Lease Benchmarks for Des Moines, IA
$14.07 /SF/Yr
Avg Asking Price
$6–$22 /SF/Yr
Price Range
8,515 SF
Avg Space Size
This space is priced 15% below the average of $14.07 /SF/Yr.
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 units - Third-floor office suite in a 1916 brick building with loft/creative design and on-site parking.
Where is this office units located?
The property is located at 506 3rd Street Des Moines, IA.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Third‑floor office suite in the Encore Building, constructed in 1916; 3‑story brick building with loft/creative space design; Available on‑site parking
