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22123767
22123768

118 SE 4th St, Des Moines, IA 50309

BW
IA S33231000
CBRE - Des Moines
DR
S71622000
CBRE - Des Moines
CBRE - Des Moines
CBRE - Des Moines
Listed by CBRE - Des Moines
$4,950,000
458 days on market
Updated 79 days ago

The Market Building

Details
Property Type Office, Retail
Sub Type Creative Office, Restaurant (+1)
Square Footage 33,792
Stories 2

Office | 33,792 SqFt

Marketing description

The Market Building is the newest project from Christensen Development. Located in the heart of the Market District, this property will undergo a complete renovation, creating one of the most creative office opportunities in the marketplace. The 33,792 square foot property has ability for multiple tenants and possibility for an attractive new rooftop patio. The building is conveniently located just south of the East Village and east of downtown Des Moines core, just minutes from Interstate 235. Modern finishes, creative loft feel, and proximity to East Village attractions make this building a perfect location for any office space user.

Investment highlights

Pricing

+ Lease Rate: Negotiable

− Tenant Improvement Package Available

+ Sale Price: $4,950,000 ($146/SF)

− Includes 1 AC surface parking lot at 101 SE 3rd Street

− As-is sale price, property eligible for historic and development incentives

Available Space

+ 1st Floor:

− 16,896 SF

− Short-term leases currently in place

+ 2nd Floor:

− 16,896 SF

− 100% vacant

+ Available to demise down to 4,000 SF or go up to 33,792 SF

+ Ownership will also consider retail/event/entertainment uses

+ Up to 55 parking stalls on-site available for lease

Listing Contacts

BW
IA S33231000
CBRE - Des Moines
DR
S71622000
CBRE - Des Moines
CBRE - Des Moines
CBRE - Des Moines
Listed by CBRE - Des Moines

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