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Multi-Tenant Flex Building

501 Southwest 7th Street, Des Moines, IA 50309

For Lease
$7.50 SF/Yr

Flexible commercial space with exterior signage, fiber service, and access to multiple mass transit routes.

Space SizeContact for details
Days on Market51

Property Features for 501 Southwest 7th Street

General Information

Standard status Active
Property subtype Office

Site & Location

Neighborhood Historic East Village
Listing Agency: CBRE
Listed By: Bill Wright · License IA S33231000
Source: Cbre
Added: Sep 21 Changed: Nov 6 Last Checked: Nov 10 at 7:01AM

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

Rey
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Investment Insights

Based on property information with market context.

This multi-tenant flex property at 501 Southwest 7th Street offers commercial space supported by 300-amp, 120/208-volt, three-phase electrical service. Exterior signage is available, and CenturyLink fiber optic service is available for connectivity needs.

The property is located south of the Des Moines CBD and near multiple mass transit routes. Surrounding amenities include hotels with conference facilities, restaurants, retail, medical services, and the Court Avenue Entertainment District.

Key Highlights

  • 300‑amp, 120/208‑volt, three‑phase electrical service
  • CenturyLink fiber optic service available
  • Exterior signage available

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Dierdre Simmons Physician Iowa Public Health ... Charitable Organization Iowa Behavioral Health ... Association / Organization Wayspring Clinic Medical Clinic Revelations Research Solutions Advertising Agency

Suggested Use

Top Pick Auto Parts Store Garden Center Pharmacy Furniture & Home Goods Grocery & Convenience Store (Bike/Boat/Book/etc) 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
$1.13 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,052
Businesses Nearby
Balanced
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Des Moines, IA

$7.94 /SF/Yr
Avg Asking Price
$5.95–$12 /SF/Yr
Price Range
11,890 SF
Avg Space Size

This space is priced 6% below the average of $7.94 /SF/Yr.

Average Price Trend$/SF/Yr for Flex space in Des Moines, IA

$8.99 Jul
$8.34 Aug
$8.05 Sep
$7.94 Oct

Properties on Market for Flex space in Des Moines

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Des Moines, IA

15.9% 2023
20% 2024
16.8% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Flexible commercial space with exterior signage, fiber service, and access to multiple mass transit routes.
Where is this flex space located?
The property is located at 501 Southwest 7th Street Des Moines, IA.
What is the lease rate?
The lease rate is $7.50 SF/Yr.
What are key features of this property?
This property features: 300‑amp, 120/208‑volt, three‑phase electrical service; CenturyLink fiber optic service available; Exterior signage available
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