East Village Contemporary Office
For Lease
$14 SF/Yr
505 East Grand Avenue, Des Moines, IA 50309
Modern 10,401 SF office in vibrant urban environment.
Space SizeContact for details
Days on Market335
Property Features for 505 East Grand Avenue
General Information
Standard status
Active
Property subtype
Retail
Site & Location
Neighborhood
Historic East Village
Listing Agency:
CBRE
Listed By:
Grant Wright, CCIM
(515) 745-5113
Source:
Cbre
Added: Nov 22, 2025
Changed: Oct 23
Last Checked: Oct 23 at 3:24AM
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
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Investment Insights
Based on property information with market context.
This 10,401 square foot office space is available for lease in the East Village of Des Moines. The newly built space features twenty-one windowed offices, two interior offices, a breakroom, three restrooms, two conference rooms, and a lobby/reception area. The location provides convenient access to restaurants, shops, entertainment, and public transportation, offering a contemporary urban environment for businesses.
Key Highlights
- Prime East Village location with easy access to restaurants, shops, entertainment, and public transportation.
- Spacious 10,401 square foot newly built office space.
- Twenty‑one (21) windowed offices offering natural light.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,894
Businesses Nearby
Explore this area
Business Placement
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
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Market
Lease Benchmarks for Des Moines, IA
$13.73 /SF/Yr
Avg Asking Price
$6–$22 /SF/Yr
Price Range
7,120 SF
Avg Space Size
This space is priced 2% above the average of $13.73 /SF/Yr.
Vacancy Rate% for Office in Des Moines, IA
Frequently Asked Questions
What type of property is this?
Office unit - Modern 10,401 SF office in vibrant urban environment.
Where is this office unit located?
The property is located at 505 East Grand Avenue Des Moines, IA.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: Prime East Village location with easy access to restaurants, shops, entertainment, and public transportation.; Spacious 10,401 square foot newly built office space.; Twenty‑one (21) windowed offices offering natural light.
