118 SE 4Th St Des Moines, IA 50309
For Lease
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The Market Building, a newly renovated 33,792 square foot office property in Des Moines, Iowa, offers exceptional creative office space. Located at 118 SE 4th St, zip code 50309, this two-story building boasts a prime location in the vibrant Market District, just south of the East Village and minutes from Interstate 235. Currently, there are two available spaces totaling 16,896 square feet, ideal for multiple tenants seeking a collaborative environment. The building's design incorporates modern finishes and a sought-after loft aesthetic. Future tenants will appreciate the convenient access to downtown Des Moines and the East Village's numerous amenities. The property is undergoing a complete renovation, promising a high-quality, contemporary workspace. A planned rooftop patio adds an attractive amenity for tenants and employees. This is a unique opportunity to secure office space in a rapidly developing area of Des Moines, offering a blend of modern functionality and urban appeal. The building's flexible layout caters to various business needs, from executive offices to coworking spaces. This location provides easy access to major transportation routes, ensuring convenient commutes for employees and clients. Don't miss this chance to establish your business in this dynamic and desirable location.
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eComegy Marketing & Advertising
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Prairie Song Therapeutic Alternative Medicine Practice Spa & Massage Center
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Jaina Olson Photography Photography Service (Bike/Boat/Book/etc) Store
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Heartwood Touch Therapy Alternative Medicine Practice Spa & Massage Center
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FCS Painting Painting Service General Contractor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-3A · Des Moines, IADes Moines. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.