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Downtown Des Moines Office Space
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1440 Locust St, Des Moines, IA 50309

Historic three-story office building with high-end finishes and parking.

Space Size2,230 SF
Days on Market172

Property Features for 1440 Locust St

General Information

Standard status Active
Size 2,230 SF
Class A
Property subtype Office
Lease Type NNN

Building Details

Building Size 2,230 SF
Tenancy Multiple

Spaces For Lease

at 1440 Locust St Contact us

Suite 100

Size
2,230 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: CBRE - Des Moines
Listed By: Blake Bogenrief · License #IA S67535000
Source: Crexi
Added: Mar 11 Changed: Aug 21 Last Checked: Aug 28 at 4:01PM

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 historic three-story building is located in Downtown Des Moines, adjacent to the Pappajohn Sculpture Park and Western Gateway Park. The property offers a unique office solution, featuring distinctive architecture, high-end finishes, on-site parking, and views.

Key Highlights

  • Prime Downtown Des Moines location next to Pappajohn Sculpture Park and Western Gateway Park.
  • Unique historic three‑story building with architectural appeal.
  • High‑end interior finishes.

Property Analytics

Current Use

14Forty Apartment Building ID8 Architects, PLC Architecture Firm ID8 Architects Architect Marc Stephens Salon Hair Salon

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Auto Parts Store Garden Center Locksmith HVAC Service 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
$2.55 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,461
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

$17.74 /SF/Yr
Avg Asking Price
$9–$24.95 /SF/Yr
Price Range
40,244 SF
Avg Space Size

This space is priced 4% below the average of $17.74 /SF/Yr.

Vacancy Rate% for Office in Des Moines, IA

15.9% 2023
20% 2024
16.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Historic three-story office building with high-end finishes and parking.
Where is this office building located?
The property is located at 1440 Locust St Des Moines, IA.
What is the lease rate?
The lease rate is $17 SF/Yr.
What are key features of this property?
This property features: Prime Downtown Des Moines location next to Pappajohn Sculpture Park and Western Gateway Park.; Unique historic three‑story building with architectural appeal.; High‑end interior finishes.
(515) 444-8067 Call to check price and availability
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