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    699 Walnut St, Unit 400 Des Moines, IA 50309

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    699 Walnut St, Unit 400 Des Moines, IA 50309


    • Commercial real estate
    • 349,689 SF
    • 0.70 lot acres
    Flexible Workspace in Des Moines For Lease
    $18,075,000

    Flexible Workspace in Des Moines

    Global network of workspaces with flexible options and meeting rooms.

    699 Walnut Street, Suite 400, Des Moines, IA 50309
    View Listing
    Property ID
    US25-0376546
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Voya Financial / Insurance Agency
    • Jessicat Inc. / Recording Studio
    • Sammy Waldrop Income Tax Preparer and Bookkeeper / Tax Preparation
    • Whitfield & Eddy Law: Kara M Sinnard / Law Firm
    • American Investors Life Insurance Co / Insurance Agency

    Property Details for 699 Walnut St

    Year built
    2017
    Construction
    STEEL FRAME
    Lot size
    0.70 lot acres
    Property size
    349,689 SF
    Zone code
    C-3
    Property type
    Commercial real estate
    APN
    020/01168-002-002
    APU
    2001168002002

    Description

    Hub Tower, located at 699 Walnut Street in Des Moines, Iowa, offers a prestigious Class A office experience. This 20-story building, constructed in 1985, boasts a total of 314,214 square feet, with 27,507 square feet currently vacant. The property is situated in Polk County and features a single building with multiple tenancy options. Available spaces range from 2,127 square feet to 15,518 square feet, catering to a variety of business needs. The building's amenities include convenient access to the Des Moines skywalk system, enhancing connectivity and accessibility. Security is a priority, with on-site staffed security and key card elevator access ensuring a safe and controlled environment. Tenants also benefit from access to a conference facility, ideal for meetings and presentations. The building's diverse subtypes, including traditional office, executive office, coworking, medical office, and creative office spaces, make it a versatile option for a wide range of businesses. This exceptional property presents a unique opportunity to establish a presence in a thriving Des Moines location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $17,666,000
      Market price range: $8.25M - $64.3M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.6253
    Latitude
    41.586
    CBSA code
    19780
    CBSA name
    DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $810,488
    $2,410,000
    $16,890,000
    $19,300,000
    -
    $2,410,000
    $16,890,000
    $19,300,000
    View Listing
    More about this property
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