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Downtown Des Moines Retail Space
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1301 Mulberry St, Des Moines, IA 50309

Prime retail space in a new mixed-use development.

Space Size2,093 SF - 4,972 SF
Property Size64,000 SF
Days on Market730

Property Features for 1301 Mulberry St

General Information

Standard status Active
Size 2,093 SF - 4,972 SF
Class A
Property subtype Retail
Lease Type NNN

Building Details

Building Size 64,000 SF
Year Built 2025
Tenancy Multiple

Spaces For Lease

at 1301 Mulberry St Contact us

Suite A

Size
2,093 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

Suite B

Size
4,972 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Lloyd Companies
Listed By: Marisa Foster · License #S72824000
Source: Crexi
Added: Sep 4, 2024 Changed: Sep 3 Last Checked: Aug 31 at 8:46PM

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 Lloyd Companies

Investment Insights

Based on property information with market context.

Located in downtown Des Moines, Iowa, The Deco offers 5,738 square feet of retail space for lease. This new five-story mixed-use development is positioned at the corner of 13th & Mulberry, beneath 80 upscale apartments. The location is surrounded by a dense workforce and walkable downtown amenities. The retail space is delivered in shell condition, and a tenant improvement allowance is available for qualified tenants. Major projects underway in the area include a 202-unit apartment building adjacent to The Deco, a 33-story mixed-use skyscraper, and a $500 million redevelopment anchored by a professional soccer stadium.

Key Highlights

  • Prime retail space in The Deco, a brand‑new, five‑story mixed‑use development in downtown Des Moines.
  • Located at the high‑traffic corner of 13th & Mulberry, surrounded by a dense workforce and walkable amenities.
  • Features 5,738 USF of retail space beneath 80 upscale apartments, providing a built‑in customer base.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Auto Parts Store Garden Center (Bike/Boat/Book/etc) Store HVAC Service Carpet & Flooring Store Furniture & Home Goods

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

3,984
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

$19.5 /SF/Yr
Avg Asking Price
$8.5–$34 /SF/Yr
Price Range
6,145 SF
Avg Space Size

This space is priced 3% above the average of $19.5 /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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Prime retail space in a new mixed-use development.
Where is this retail space located?
The property is located at 1301 Mulberry St 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: Prime retail space in The Deco, a brand‑new, five‑story mixed‑use development in downtown Des Moines.; Located at the high‑traffic corner of 13th & Mulberry, surrounded by a dense workforce and walkable amenities.; Features 5,738 USF of retail space beneath 80 upscale apartments, providing a built‑in customer base.
(605) 690-9311 Call to check price and availability
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