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    666 Grand Ave Des Moines, IA 50309

    For Lease
    $17 SF/Yr

    Iconic Downtown Office Building, Flexible Suites

    Lot size:
    460,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    The Ruan Center, a Des Moines landmark, offers exceptional office space in a prestigious high-rise building. This iconic structure boasts 460,000 square feet of total office space spread across 34 floors. The building features efficient floor plates averaging 13,950 square feet, providing flexibility for tenants seeking spaces ranging from 1,000 to 17,219 contiguous square feet. Multiple tenancy options are available to accommodate various business needs and sizes. The building's prime location offers convenient access to downtown amenities and boasts both street-level and skywalk-level retail spaces, enhancing the overall tenant experience. Ample parking is provided via underground and ramp parking facilities. This is a rare opportunity to secure office space in one of Des Moines' most recognizable and well-maintained buildings, offering a blend of modern functionality and classic architectural appeal. Inquire today for current availability and lease terms. The building's history and prominent location make it an ideal choice for businesses seeking a prestigious address and a highly visible presence in the heart of Des Moines. Contact us to discuss your specific space requirements and explore the possibilities within this landmark property.

    Property Features for 666 Grand Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    460,000 SF
    Total Rate
    670833.33

    Building Details

    Buildings
    1
    Stories
    34

    Unit(s) available at that property

    Space
    Suite
    Size
    17,219 SF
    Space
    Suite 1
    Size
    1,000 SF
    Rate per SF
    $17

    HighLights

    • 460,000 square feet of office space in a 34‑story building.
    • Multiple tenants, with spaces ranging from 1,000 to 17,219 square feet available.
    • One building with underground and ramp parking.
    • Current availability upon request.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Berkshire Hathaway Energy Electric Utility Company Iowa Dental Association Association / Organization Paul Rosenberg, P.C. Law Firm Ruan Center Business Center Lambert Transfer Co Trucking Company

    Suggested Use

    Realty agency Spa & Massage Restaurant Dental Office Hair Salon Nail Salon Building Supply Clothing Store Pharmacy Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.6260631
    Latitude
    41.5872492

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    FAQs

    What type of property is this?
    Office Property / Space - Iconic Downtown Office Building, Flexible Suites
    Where is this office property / space located?
    The property is located at 666 Grand Ave Des Moines, IA.
    What is the lease rate?
    The lease rate is $0.00-$17 SF/Yr.
    What are key features of this property?
    This property features: 460,000 square feet of office space in a 34-story building.; Multiple tenants, with spaces ranging from 1,000 to 17,219 square feet available.; One building with underground and ramp parking.
    Request Owner's contact information
    666 Grand Ave Des Moines, IA 50309
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    Realmo Value Estimation

    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.

    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.

    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
    666 Grand Ave Des Moines, IA 50309
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