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Class A Office Building with Retail

909 Locust St, Des Moines, IA 50309

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

Space Size4,029 SF
Days on Market1714

Property Features for 909 Locust St

General Information

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

Site & Location

Neighborhood Downtown Des Moines

Amenities

customizable parking solutions

Spaces For Lease

at 909 Locust St
Office Space for Lease $16.50/SF/Yr
Floor 4
Size 4,029 SF
Type OFFICE
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
This premier Class A office building offers an exceptional opportunity in the heart of the CBD, featuring professional office space complemented by first-floor retail opportunities. 909 Locust ensures maximum exposure for tenants with outstanding visibility along Locust Street & Grand Avenue, as well as offering customizable parking solutions.
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Listing Agency: JLL
Listed By: Justin Lossner, CCIM, SIOR
Source: Moodyscre
Added: Mar 2, 2022 Changed: Oct 26 Last Checked: Nov 8 at 8:01AM

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

Rey
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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

Who owns this building? See the owner, sales and loan history
Open 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Des Moines, IA

$17.94 /SF/Yr
Avg Asking Price
$16–$20 /SF/Yr
Price Range
24,586 SF
Avg Space Size

This space is priced 8% below the average of $17.94 /SF/Yr.

Average Price Trend$/SF/Yr for Office buildings in Des Moines, IA

$17.44 Jul
$16.71 Aug
$17 Sep
$18.35 Oct

Properties on Market for Office buildings in Des Moines

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Des Moines, IA

15.9% 2023
20% 2024
16.8% 2025

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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