Contacts

Grant Wright

CBRE

(515) 221-6695

Bill Wright

CBRE

(515) 221-6672

Christopher J. Pendroy

CBRE

(515) 221-6605

Property Details

Property Type Office
Property Size 65,004 SF
Lot Size 2.47 Acre
Building Class B
Year Built 1975
Date Updated Mar 27, 2024

Plus 14272 SF lower level

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Getting around

81/100
Walk Score ®
53/100
Transit Score ®
74/100
Bike Score ®

Location

City Des Moines, IA
Neighborhood Historic East Village
Zip Code 50309
Market Des Moines

Points of Interest

ChargePoint Charging Station

0.17 miles
ChargePoint Charging Station

0.69 miles
BP

0.93 miles
QuikTrip

1.08 miles
Git N Go

1.16 miles
BP

1.17 miles
Kum & Go

1.22 miles
QuikTrip

1.29 miles
Kum & Go

2.00 miles
Star

2.15 miles

308 E 6th Street Garage

0.09 miles
E 4th & Des Moines Parking Garage

0.14 miles
East 2nd Street Parking Garage

0.19 miles
Capitol Complex Parking Structure

0.23 miles
Lot 21

0.25 miles
Lot 23

0.31 miles
Lot 9

0.33 miles
Lot 7

0.40 miles
Lot 10

0.40 miles
Lot 17

0.42 miles

AC Hotel Des Moines East Village

0.08 miles
Staybridge Suites Des Moines Downtown

0.15 miles
Embassy Suites by Hilton Hotel Des Moines Downtown

0.21 miles
Residence Inn Des Moines Downtown

0.49 miles
Hampton Inn & Suites Des Moines Downtown

0.50 miles
Fairfield Inn & Suites Des Moines Downtown

0.56 miles
Comfort Inn & Suites Event Center

0.59 miles
Renaissance Des Moines Savery Hotel

0.61 miles
Hilton Des Moines Downtown

0.64 miles
Hyatt Place Des Moines Downtown

0.72 miles

New Oriental Food Store

0.09 miles
Hy-Vee

0.63 miles
Jung's Oriental Food Store

0.78 miles
Gateway Market

1.69 miles
Plaza Food Market

2.06 miles
Hilal Groceries

2.15 miles
ALDI

2.35 miles
El Palmino

2.45 miles
Hy-Vee

2.54 miles
Price Chopper

2.68 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

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431 East Locust Street, Des Moines, IA 50309 - Office Space

431 East Locust Street is located at 431 East Locust Street in Des Moines, IA 50309. The property was completed in 1975. This Des Moines office investment incorporates a total of 65,004 SF of B office space. Located in Historic East Village, this commercial property is situated on a lot that is 2.47 Acre in size.

Within the same neighborhood, there is a total of 926,691 SF of available office space across 130 office spaces for lease. Including all property building classes and property grades, the average asking office rent per square foot in Historic East Village is $12.11/SF/YR. At zip code level, leasing opportunities currently on the market include 112 office spaces that add up to a total of 746,160 SF. Office building sale prices in Historic East Village average $2,983,218.

At city level, there are 63 commercial properties, of which 53 are office buildings of 50,000 square feet or larger. Of these properties, 3 office buildings have achieved LEED certification. Across the market, the average asking office rent per square foot in Des Moines is $12.11/SF/YR. Specifically, the average office rate for Class A office buildings is $10.82/SF/YR. For Class B office buildings the average rate is $14.05/SF/YR. Office building sale prices in Des Moines average $2,983,218.

Map of Property

431 East Locust Street