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Second-Floor Office Suites
For Lease
$2,500/Mo

132 1/2 5th Street, West Des Moines, IA 50265

Second-floor office space with stair access and visibility on a busy Main Street corridor.

Space Size3,455 SF
Property Size6,955 SF
Days on Market48

Property Features for 132 1/2 5th Street

General Information

Standard status Active
Size 3,455 SF
Class C
Property subtype Office
Lease Term MG

Additional Details

Highway Access Yes

Building Details

Building Size 6,955 SF
Year Built 1910

Spaces For Lease

at 132 1/2 5th Street Contact us

132 1/2 5th Street

Size
3,455 SF
Term
Negotiable
Contact us
Listing Agency:
Listed By: Ben Brackett
Source: Fergusoncres
Added: Jun 25 Changed: Aug 8 Last Checked: Aug 11 at 6:47AM

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 Ben Brackett

Investment Insights

Based on property information with market context.

This second-floor office suite is accessed via a stairway and is configured as versatile office space within a commercial setting on the first block of 5th Street in Historic Valley Junction. The space can be demised into two suites, providing flexibility for smaller tenants or office users needing separate areas. Both available suites are listed as available for $1,500 per month.

The property benefits from strong street visibility along 5th Street and is surrounded by a mix of specialty shops, restaurants, and service businesses, reflecting the Historic Valley Junction Main Street community environment established in 1987. Access to major transportation is highlighted by proximity to I-235 and being less than 10 minutes from Hwy 5.

For office tenants seeking a second-floor layout with practical flexibility, this offering supports a range of business needs, from professional services to shared office use. The demisable configuration can also be helpful for operators planning to separate functions into two distinct suites, while maintaining a consistent, walk-up tenant experience via the stairway.

Key Highlights

  • Year built 1910 building with second‑floor office space on the first block of 5th Street in Historic Valley Junction
  • Second‑floor office suite is accessible via stairway and could be demised into two suites of approx. 1,725 SF
  • Located on a busy Main Street corridor with visibility along 5th Street

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Pharmacy Gym & Fitness Center (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

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

729
Businesses Nearby

Demographics for 50265, IA

32,187
Population
15,104
Households
2.1
Avg Household Size
38
Median Age
48%
College-Educated
95%
High-School Grad
19.3 sq mi
ZIP Area
1,668
Density / Sq Mi
$84,588
Median Household Income
$49,785
Median Earnings
$1,065
Median Rent
$267,600
Median Home Value

Market

Lease Benchmarks for West Des Moines, IA

$25.08 /SF/Yr
Avg Asking Price
$9–$75 /SF/Yr
Price Range
11,459 SF
Avg Space Size

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Second-floor office space with stair access and visibility on a busy Main Street corridor.
Where is this office units located?
The property is located at 132 1/2 5th Street West Des Moines, IA.
What is the lease rate?
The lease rate is $2,500/Mo.
What are key features of this property?
This property features: Year built 1910 building with second‑floor office space on the first block of 5th Street in Historic Valley Junction; Second‑floor office suite is accessible via stairway and could be demised into two suites of approx. 1,725 SF; Located on a busy Main Street corridor with visibility along 5th Street
More about this property
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