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Class A Office Space Available
For Lease
$24 SF/Yr

4900 University Avenue, West Des Moines, IA 50266

Two-story office property in West Des Moines business corridor.

Space SizeContact for details
Days on Market275

Property Features for 4900 University Avenue

General Information

Standard status Active
Property subtype Office
Listing Agency: CBRE - Des Moines
Listed By: Bill Wright · License #S33231000
Source: Cbre
Added: Nov 22, 2025 Changed: Aug 22 Last Checked: Aug 23 at 11:03AM

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.

Located in Three Fountains Office Park, The Palisade Building is a two-story, landscaped Class A office property situated on a prominent business corridor in West Des Moines. The property features professional on-site property management. The park provides direct access to I-35/I-80 and I-235. It also features a private fiber network, access to office park conference and wellness centers, and scenic green space with a pond, picnic areas, and walking trails. The property has a size of 83000 square feet and is available for rent.

Key Highlights

  • Direct access to I‑35/I‑80 and I‑235.
  • Class A office property in a prominent business corridor.
  • Professional on‑site property management.

Property Analytics

Current Use

Hanson Larry Insurance Agency Khan Firoz Insurance Agency Republic Settlement Bank Iowa Settlement LLC Title Company

Suggested Use

Top Pick Auto Parts Store Big Box & Wholesale Store Kitchen & Bath Showroom Auto Repair Shop Building Supply 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
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,299
Businesses Nearby

Demographics for 50266, IA

36,486
Population
18,481
Households
2
Avg Household Size
34
Median Age
60%
College-Educated
97%
High-School Grad
22.3 sq mi
ZIP Area
1,636
Density / Sq Mi
$85,282
Median Household Income
$53,306
Median Earnings
$1,285
Median Rent
$325,100
Median Home Value

Market

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 building - Two-story office property in West Des Moines business corridor.
Where is this office building located?
The property is located at 4900 University Avenue West Des Moines, IA.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: Direct access to I‑35/I‑80 and I‑235.; Class A office property in a prominent business corridor.; Professional on‑site property management.
More about this property
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