Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    595 60Th St West Des Moines, IA 50266

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $24 SF/Yr

    Class A Office Suites, 1,829-4,739 SF Available

    Lot size:
    112,619 SF

    Property Features for 595 60Th St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    112,619 SF
    Class
    A
    Total Rate
    225238

    Building Details

    Year Built
    2024
    Stories
    5

    Spaces For Lease

    at 595 60Th St, West Des Moines, IA 50266 Contact us
    Unit Suite 190

    $24 /Mo

    Size
    2,540 SF
    Contact us
    Unit Suite 160

    $24 /Mo

    Size
    3,267 SF
    Contact us
    Unit Suite 170

    $24 /Mo

    Size
    1,829 SF
    Contact us
    Unit Suite 275

    $24 /Mo

    Size
    4,739 SF
    Contact us

    We can help!

    Listing Contact
    Meredith Hedstrom
    Meredith Hedstrom

    Listing Agency: JLL Listing Agent: Meredith Hedstrom

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    595 Tower offers exceptional Class A office space in West Des Moines, Iowa. This five-story building, completed in 2024, boasts 112,619 square feet of total space, with 12,375 square feet currently available for lease. The property is ideally suited for a variety of office uses, including traditional, executive, medical, and creative office spaces. Multiple tenancy options are available, with suites ranging from a minimum of 1,829 square feet to a maximum contiguous space of 4,739 square feet. The building features convenient amenities such as ample free surface parking and elevators for easy access to all floors. Located at 595 S 60th St, West Des Moines, IA 50266, in Polk County, this prime location offers excellent visibility and accessibility. The property's versatile design and modern features make it an attractive option for businesses seeking a high-quality workspace. The building is categorized as Retail, Office, and Restaurant, reflecting its adaptability to various business needs. This is a unique opportunity to secure premium office space in a newly constructed building within a thriving West Des Moines business community. Contact us today to learn more about leasing opportunities and explore the possibilities for your business at 595 Tower.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    CBRE Real Estate Agency Prime and Providence Restaurant Murasso Medical Group Medical Group

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    West Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.7910197
    Latitude
    41.5616737

    Nearby Similar for Lease

    • Contact for pricing
      2,520 SF

      West Des Moines Retail Space

      New construction retail space with drive-thru and patio.
      840 1St St, West Des Moines, IA 50265
      View Details
    • Contact for pricing
      1,555 SF

      Retail Space in West Des Moines

      Retail space available in a high-traffic West Des Moines location.
      2900 University Ave, West Des Moines, IA 50266
      View Details
    • $23 SF/Yr
      9,862 SF

      Class A Office Space Available

      Modern office space for lease in West Des Moines, Iowa.
      9750 University Ave, West Des Moines, IA 50266
      View Details
    • Contact for pricing
      1,413 SF

      Medical Office Space Available

      Ready-to-use medical suite with ample parking and prime location.
      1031 Office Park Rd, West Des Moines, IA 50265
      View Details
    • $9 SF/Yr
      93,438 SF

      West Des Moines Office Space

      Class B office space near Valley West Mall for rent.
      2700 Westown Pkwy, West Des Moines, IA 50266
      View Details
    • $18 SF/Yr
      19,736 SF

      Retail Strip Center For Lease

      Retail space available in a Kum & Go anchored neighborhood center.
      5917 Ashworth Rd, West Des Moines, IA 50266
      View Details
    • $10 SF/Yr
      99,840 SF

      Century II Office Space for Lease

      West Des Moines A-Class Office Suites Available
      1415 28Th St, West Des Moines, IA 50266
      View Details
    • $11 SF/Yr
      78,115 SF

      West Des Moines Office Space for Lease

      Executive & Traditional Office Suites Available
      4601 Westown Pkwy, West Des Moines, IA 50266
      View Details
    • $23 SF/Yr
      24,157 SF

      Coachlight Plaza Office Space

      West Des Moines, IA Executive Office Suite
      6420 Coachlight Dr, West Des Moines, IA 50266
      View Details
    • $11 SF/Yr
      15,438 SF

      West Des Moines Executive Suites

      Prime Office Space Available Now
      5500 Westown Pkwy, West Des Moines, IA 50266
      View Details
    • $10 SF/Yr
      41,138 SF

      West Des Moines Office Space

      Modern Office Suites, Flexible Sizes
      3001 Westown Pkwy, West Des Moines, IA 50266
      View Details
    • Contact for pricing
      10,981 SF

      West Des Moines Office Space

      Office space in prime location with easy transportation access.
      3001 Westown Pkwy, West Des Moines, IA 50266
      View Details

    FAQs

    What type of property is this?
    Restaurant - Class A Office Suites, 1,829-4,739 SF Available
    Where is this restaurant located?
    The property is located at 595 60Th St West Des Moines, IA.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: New construction Class A office building in West Des Moines' retail corridor.; Premium finishes throughout.; Ample free surface parking; underground parking available.
    (515) 419-2963
    Request Owner's contact information
    595 60Th St West Des Moines, IA 50266
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    595 60Th St
    West Des Moines, IA 50266
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    595 60Th St West Des Moines, IA 50266
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Meredith Hedstrom
    Meredith Hedstrom
    Real Estate License ID: S65723000
    (515) 419-2963 (817) 453-4441 (515) 218-7010
    Learn more
    Google sign-in failed. Please try again or use another login method.