Grand Avenue Office and
For Lease
$22 SF/Yr
3200 Grand Avenue, Des Moines, IA 50312
First-class office and clinic space with parking ramp.
Space SizeContact for details
Days on Market275
Property Features for 3200 Grand Avenue
General Information
Standard status
Active
Property subtype
Office
Listing Agency:
CBRE
(515) 210-3050
Listed By:
Bill Wright · License #S33231000
(515) 210-3050
Source:
Cbre
Added: Nov 22, 2025
Changed: Aug 23
Last Checked: Aug 22 at 11:31AM
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
Investment Insights
Based on property information with market context.
The Des Moines University Clinic building and Olsen Center consist of a 10-story high-rise building with 116,121 square feet, a 14,433 square foot modern conference center, and a 4-level parking ramp. The property has an iconic presence along Grand Avenue and the Des Moines skyline. The total property size is 152,854 square feet. Des Moines University Clinic intends to maintain an ongoing presence at these facilities, occupying 5 floors in the building. The property is available for rent.
Key Highlights
- Iconic presence along Grand Avenue and the Des Moines skyline.
- Includes a 116,121 square foot, 10‑story high‑rise building.
- Features a 14,433 square foot modern conference center.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.30 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
278
Businesses Nearby
Explore this area
Business Placement
Demographics for 50312, IA
15,485
Population
8,285
Households
1.9
Avg Household Size
40
Median Age
62%
College-Educated
98%
High-School Grad
5.6 sq mi
ZIP Area
2,765
Density / Sq Mi
$82,720
Median Household Income
$54,862
Median Earnings
$1,057
Median Rent
$274,400
Median Home Value
Market
Lease Benchmarks for Des Moines, IA
$17.55 /SF/Yr
Avg Asking Price
$9–$24.95 /SF/Yr
Price Range
40,020 SF
Avg Space Size
This space is priced 25% above the average of $17.55 /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 building - First-class office and clinic space with parking ramp.
Where is this office building located?
The property is located at 3200 Grand Avenue Des Moines, IA.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: Iconic presence along Grand Avenue and the Des Moines skyline.; Includes a 116,121 square foot, 10‑story high‑rise building.; Features a 14,433 square foot modern conference center.
