Listing Agency: CBRE - Des Moines r***@cbre.com Show Phone

Listed By: Riley Hogan · License #F03815000 Show Phone

Source: Cbre

Added: Nov 22, 2025 Changed: Aug 17 Last Checked: Aug 29 at 6:09AM

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Investment Insights

Based on property information with market context.

The R & T Lofts development represents the complete renovation of the Des Moines Register and Tribune Building, a 13-story high-rise situated in the Central Business District of Des Moines. The development includes 164 lofts and 15,000 square feet of ground floor commercial space. This landmark building is connected to the Des Moines Skywalk system, providing access to parking, numerous nearby employers, hotels, and various restaurant and nightlife options. The available property offers 17373 square feet of office space and office properties and spaces for rent.

Key Highlights

• Landmark 13‑story high‑rise building.
• Recently renovated with 164 lofts.
• Includes 15,000 square feet of ground floor commercial space.

Property Analytics

Property Profile

Current Use

R&T Lofts Apartments Apartment Complex Good News, Darling Bar & Pub Register and Tribune Building Tour Operator ESO (Bike/Boat/Book/etc) Store GS SOLUTIONS General Contractor

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Pet Grooming Service Butcher Grocery & Convenience Store Fish Market

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

$2.70 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

4,526

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

$15.32 /SF/Yr

Avg Asking Price

$6–$22 /SF/Yr

Price Range

8,121 SF

Avg Space Size

This space is priced 17% above the average of $15.32 /SF/Yr.

Vacancy Rate% for Office in Des Moines, IA

15.9% 2023

20% 2024

16.8% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Office units - Renovated lofts with ground floor commercial space in Des Moines.

Where is this office units located?

The property is located at 717 Locust Street Des Moines, IA.

What is the lease rate?

The lease rate is $18 SF/Yr.

What are key features of this property?

This property features: Landmark 13‑story high‑rise building.; Recently renovated with 164 lofts.; Includes 15,000 square feet of ground floor commercial space.