Downtown Des Moines Retail
For Lease
Contact for pricing
1301 Mulberry St, Des Moines, IA 50309
Prime retail space in a new mixed-use development.
Space Size4,619 SF
Property Size64,000 SF
Days on Market775
Property Features for 1301 Mulberry St
General Information
Standard status
Active
Size
4,619 SF
Class
A
Property subtype
Retail
Lease Type
NNN
Building Details
Building Size
64,000 SF
Year Built
2025
Tenancy
Multiple
Spaces For Lease
at 1301 Mulberry St
Suite 120
Active
Size
4,619 SF
Listing Agency:
Lloyd Companies
Listed By:
Marisa Foster · License #S72824000
(605) 690-9311
Source:
Crexi
Added: Sep 4, 2024
Changed: Oct 5
Last Checked: Oct 16 at 9:42AM
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 Lloyd Companies
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Investment Insights
Based on property information with market context.
Located in downtown Des Moines, Iowa, The Deco offers 5,738 square feet of retail space for lease. This new five-story mixed-use development is positioned at the corner of 13th & Mulberry, beneath 80 upscale apartments. The location is surrounded by a dense workforce and walkable downtown amenities. The retail space is delivered in shell condition, and a tenant improvement allowance is available for qualified tenants. Major projects underway in the area include a 202-unit apartment building adjacent to The Deco, a 33-story mixed-use skyscraper, and a $500 million redevelopment anchored by a professional soccer stadium.
Key Highlights
- Prime retail space in The Deco, a brand‑new, five‑story mixed‑use development in downtown Des Moines.
- Located at the high‑traffic corner of 13th & Mulberry, surrounded by a dense workforce and walkable amenities.
- Features 5,738 USF of retail space beneath 80 upscale apartments, providing a built‑in customer base.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,984
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Des Moines, IA
$18.01 /SF/Yr
Avg Asking Price
$7.5–$34 /SF/Yr
Price Range
5,844 SF
Avg Space Size
This space is priced 11% above the average of $18.01 /SF/Yr.
Vacancy Rate% for Retail in Des Moines, IA
Frequently Asked Questions
What type of property is this?
Retail space - Prime retail space in a new mixed-use development.
Where is this retail space located?
The property is located at 1301 Mulberry St Des Moines, IA.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Prime retail space in The Deco, a brand‑new, five‑story mixed‑use development in downtown Des Moines.; Located at the high‑traffic corner of 13th & Mulberry, surrounded by a dense workforce and walkable amenities.; Features 5,738 USF of retail space beneath 80 upscale apartments, providing a built‑in customer base.
