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    418 Grand Ave Des Moines, IA 50309

    Sponsored
    For Lease
    $18 SF/Yr

    Grand Avenue Office Suites Available

    Lot size:
    27,051 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Des Moines commercial property, located at 418 E Grand Ave, offers a prime opportunity for businesses seeking executive office space. The building totals 27,051 square feet and is currently 100% vacant, presenting a unique chance to customize the entire space. Multiple tenancy options are available, with spaces ranging from a minimum of 1,890 square feet to a maximum contiguous space of 20,000 square feet. The property is classified as both retail and office, offering flexibility for a variety of business types. Its location in Polk County, Iowa, provides easy access to Des Moines' vibrant city center and its amenities. The address is 418 E Grand Ave, Des Moines, IA 50309. This is an excellent opportunity to establish a prominent presence in a desirable location. The building's size and layout provide ample space for expansion or to accommodate multiple tenants. The entire 27,051 square feet is available for lease, allowing for a completely customized fit-out to meet specific business needs. This property is ideal for businesses seeking a high-profile location with significant space and flexibility. Contact us today to learn more about leasing options and to schedule a viewing.

    Property Features for 418 Grand Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    27,051 SF
    Total Rate
    40576.5

    Unit(s) available at that property

    Space
    SECOND FLOOR
    Size
    20,000 SF
    Rate per SF
    $18
    Space
    Suite 105
    Size
    3,142 SF
    Rate per SF
    $23
    Space
    Suite 101
    Size
    3,909 SF
    Rate per SF
    $23

    HighLights

    • Delivery: Spring 2021
    • Ample Parking: Ramp and street parking available
    • Tenant Improvement Allowance: Negotiable
    • Building Signage Available
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Spa & Massage Dental Office Restaurant Hair Salon Nail Salon Clothing Store Daycare Center Building Supply Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.612729
    Latitude
    41.590742

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    FAQs

    What type of property is this?
    Office Property / Space - Grand Avenue Office Suites Available
    Where is this office property / space located?
    The property is located at 418 Grand Ave Des Moines, IA.
    What is the lease rate?
    The lease rate is $18-$23 SF/Yr.
    What are key features of this property?
    This property features: Delivery: Spring 2021; Ample Parking: Ramp and street parking available; Tenant Improvement Allowance: Negotiable
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    418 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
    418 Grand Ave Des Moines, IA 50309
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