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Class A Office Building with Retail
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909 Locust St, Des Moines, IA 50309

Class A office building with first-floor retail, offering prominent visibility along Locust Street and Grand Avenue.

Property Size4,029 SF
Days on Market1613

Property Features for 909 Locust St

General Information

Standard status Active
Size 4,029 SF
Class A
Property subtype OFFICE
Lease Type SF/yr

Amenities

customizable parking solutions
Listing Agency: JLL
Listed By: Justin Lossner, CCIM, SIOR · License #S67582000
Source: Moodyscre
Added: Mar 2, 2022 Changed: Jul 28 Last Checked: Jul 31 at 10:10AM

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 JLL

Investment Insights

Based on property information with market context.

909 Locust is a Class A office building offering professional office space complemented by first-floor retail opportunities.

The property is positioned in the heart of the CBD with visibility along Locust Street and Grand Avenue. The offering also includes customizable parking solutions.

Suites within the building are available for rent, combining office and retail presence in a single asset.

Key Highlights

  • Class A office building with first‑floor retail space
  • Prominent visibility along Locust Street & Grand Avenue
  • Office space in the heart of the CBD with customizable parking solutions

Property Analytics

Current Use

LightEdge Solutions Business To Business Service Driving Successful Lives ... Association Or Organization Accenture Business Management Consultant BlueAlly Technology Solutions Information Services Starbucks Cafe & Coffee Shop

Suggested Use

Top Pick Auto Parts Store Garden Center Furniture & Home Goods Grocery & Convenience Store Locksmith (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
$2.48 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,569
Businesses Nearby

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

$17.44 /SF/Yr
Avg Asking Price
$9–$24.95 /SF/Yr
Price Range
58,674 SF
Avg Space Size

This space is priced 5% below the average of $17.44 /SF/Yr.

Vacancy Rate% for Office in Des Moines, IA

15.9% 2023
20% 2024
16.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Class A office building with first-floor retail, offering prominent visibility along Locust Street and Grand Avenue.
Where is this office building located?
The property is located at 909 Locust St Des Moines, IA.
What is the lease rate?
The lease rate is $16.50 SF/Yr.
What are key features of this property?
This property features: Class A office building with first‑floor retail space; Prominent visibility along Locust Street & Grand Avenue; Office space in the heart of the CBD with customizable parking solutions
(515) 371-0846 Call to check price and availability
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