Search
Downtown Des Moines Office Space
For Lease
$19.25 SF/Yr

500 Southwest 7th Street, Des Moines, IA 50309

Three-story office building in vibrant Riverpoint district with parking.

Space SizeContact for details
Days on Market152

Property Features for 500 Southwest 7th Street

General Information

Standard status Active
Property subtype Office
Listing Agency:
Listed By: T.J. Jacobs
Source: Cbre
Added: Mar 25 Changed: Aug 22 Last Checked: Aug 23 at 7:33AM

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 T.J. Jacobs

Investment Insights

Based on property information with market context.

Located in Downtown Des Moines' vibrant Riverpoint district, 500 SW 7th Street is a three-story office building featuring free surface parking. The building's design includes an open foyer and extensive glass lines, providing downtown views and natural light. It is situated adjacent to new living and retail amenities, as well as multiple public transit routes, offering access to area activities and businesses. The exterior entry patio and common lobby areas have been recently updated. Up to 14,360 square feet of contiguous space is available. The property offers a fully serviced lease rate. Free on-site surface parking is available. Tenants have access to a shared building conference room at no cost. A dock high loading area is available to all tenants. The building is adjacent to multiple mass transit routes. Five-night janitorial service is provided. Centurylink fiber optic service is available. Weekly food trucks and Foodsby service are available at the building. The property features an attractive open foyer between the 2nd and 3rd floors providing an abundance of natural light.

Key Highlights

  • Lowest fully serviced lease rate available for comparable downtown properties.
  • Free on‑site surface parking available.
  • Up to 14,360 SF of Contiguous Space.

Property Analytics

Current Use

Infinite Resources Staffing ... Employment Agency MercyOne Des Moines ... Home Health Care Service Hubbell Historical Center Museum Polk County Mental ... Public Health Department P & E Engineering Engineering Consultant

Suggested Use

Top Pick Dental Office Storage Facility Furniture & Home Goods Veterinary Clinic (Bike/Boat/Book/etc) Store Electrical Service

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
$2.89 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,052
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

$17.55 /SF/Yr
Avg Asking Price
$9–$24.95 /SF/Yr
Price Range
40,020 SF
Avg Space Size

This space is priced 10% above the average of $17.55 /SF/Yr.

Vacancy Rate% for Office in Des Moines, IA

15.9% 2023
20% 2024
16.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Three-story office building in vibrant Riverpoint district with parking.
Where is this office building located?
The property is located at 500 Southwest 7th Street Des Moines, IA.
What is the lease rate?
The lease rate is $19.25 SF/Yr.
What are key features of this property?
This property features: Lowest fully serviced lease rate available for comparable downtown properties.; Free on‑site surface parking available.; Up to **14,360 SF of Contiguous Space.**
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message