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Des Moines Ruan Center Space
For Lease
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666 Grand Ave, Des Moines, IA 50309

460,000 SF of office and retail space available for lease.

Space Size1,000 SF - 17,219 SF
Property Size460,000 SF
Days on Market2254

Property Features for 666 Grand Ave

General Information

Standard status Active
Size 1,000 SF - 17,219 SF
Property subtype Office

Building Details

Building Size 460,000 SF
Tenancy Multiple

Spaces For Lease

at 666 Grand Ave Contact us

Suite 1

Size
1,000 SF
Type
Office
Availability
Active
Contact us

Suite

Size
17,219 SF
Type
Office
Availability
Active
Contact us
Listing Agency: Buyers Realty, Inc
Listed By: Peter Brown · License #IA S28799000
Source: Crexi
Added: Jun 29, 2020 Changed: Aug 13 Last Checked: Aug 29 at 8:52AM

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 Buyers Realty, Inc

Investment Insights

Based on property information with market context.

The Ruan Center, a long-standing feature of the Des Moines skyline, offers 460,000 square feet of office space across 34 floors. Constructed and owned by the Ruan family, the building provides floor plates of 13,950 square feet, accommodating various tenant sizes. The property also includes retail space at both the street and skywalk levels.

Key Highlights

  • Iconic Des Moines skyline presence for decades.
  • Substantial 460,000 sf of office space.
  • Expansive vertical space with 34 floors.

Property Analytics

Current Use

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

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Pet Grooming Service Butcher Fish Market Furniture & Home Goods

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
$2.63 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,526
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

$17.74 /SF/Yr
Avg Asking Price
$9–$24.95 /SF/Yr
Price Range
40,244 SF
Avg Space Size

This space is priced 1% below the average of $17.74 /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 - 460,000 SF of office and retail space available for lease.
Where is this office building located?
The property is located at 666 Grand Ave Des Moines, IA.
What is the lease rate?
The lease rate is $17.50 SF/Yr.
What are key features of this property?
This property features: Iconic Des Moines skyline presence for decades.; Substantial 460,000 sf of office space.; Expansive vertical space with 34 floors.
(515) 277-1265 Call to check price and availability
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