400 Locust Street Des Moines, IA 50309

Listing office CBRE - Des Moines t***@cbre.com Show Phone

Listing date Mar 25, 2026

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Investment Insights

Based on property information with market context.

Capital Square is an eight-story Class A office and retail building located in the heart of downtown Des Moines. The building's open atrium design provides an abundance of natural light, versatile and substantial floor plates, and downtown views. This Class A building offers a unique opportunity to a variety of office and retail users. The property provides multiple access points to the Des Moines Skywalk System and community amenities, with street and skywalk level retail opportunities available off Walnut and Locust Streets. Adjacently located to Cowles Commons, the building has grade level access to the renovated plaza and its community events. The property offers versatile office and retail space for a variety of users and sizes. Five night janitorial services are provided. Multiple fiber optic service providers serve the building. A full-service building conference center is available to tenants and visitors. The property has a total size of 158557 square feet.

Key Highlights

• Class A office and retail building in the heart of downtown Des Moines.
• Open atrium design provides significant natural light.
• Multiple access points to the Des Moines Skywalk System.

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FAQs

What type of property is this?

Office building - Eight-story Class A office and retail building in downtown Des Moines.

Where is this office building located?

The property is located at 400 Locust Street Des Moines, IA.

What is the lease rate?

The lease rate is $9 SF/Yr.

What are key features of this property?

This property features: Class A office and retail building in the heart of downtown Des Moines.; Open atrium design provides significant natural light.; Multiple access points to the Des Moines Skywalk System.