Creative Loft Office
For Lease
$12 SF/Yr
506 3rd Street, Des Moines, IA 50309
Third-floor office suite in a 1916 brick building with loft/creative design and on-site parking.
Space SizeContact for details
Days on Market66
Property Features for 506 3rd Street
General Information
Standard status
Active
Property subtype
Office
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
1916
Stories
3
Construction
loft/creative
Listing Agency:
CBRE
Listed By:
Grant Wright, CCIM
(515) 745-5113
Source:
Cbre
Added: Jul 8
Changed: Sep 10
Last Checked: Sep 11 at 6:07AM
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
Investment Insights
Based on property information with market context.
Available for lease is a third-floor office space in the Encore Building. The building is a three-story brick structure constructed in 1916 and is set up with a loft/creative space design, combining turn-of-the-century character with modern amenities. On-site parking is available for tenants and visitors.
Located in downtown Des Moines, the property provides convenient access to I-235 via 3rd Street and 2nd Avenue. The space is within walking distance of restaurants, hotels, and professional services.
This offering is best suited for an organization looking for a creative-style office layout within a historic, multi-story building environment.
Located in downtown Des Moines, the property provides convenient access to I-235 via 3rd Street and 2nd Avenue. The space is within walking distance of restaurants, hotels, and professional services.
This offering is best suited for an organization looking for a creative-style office layout within a historic, multi-story building environment.
Key Highlights
- Third‑floor office suite in the Encore Building, constructed in 1916
- 3‑story brick building with loft/creative space design
- Available on‑site parking
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
4,435
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
Market
Lease Benchmarks for Des Moines, IA
$14.07 /SF/Yr
Avg Asking Price
$6–$22 /SF/Yr
Price Range
8,515 SF
Avg Space Size
This space is priced 15% below the average of $14.07 /SF/Yr.
Vacancy Rate% for Office in Des Moines, IA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Third-floor office suite in a 1916 brick building with loft/creative design and on-site parking.
Where is this office units located?
The property is located at 506 3rd Street Des Moines, IA.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Third‑floor office suite in the Encore Building, constructed in 1916; 3‑story brick building with loft/creative space design; Available on‑site parking
