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Highlights

  • Pedestrian / Bicycle Friendly.
  • Ample Parking - 4/1,000 ratio.

Space Availability (3)

Display Rental Rate as

  • Space
  • Size
  • Ceiling
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 908 SF
  • 14’
  • 5-10 Years
  • $28.00 /SF/YR $2.33 /SF/MO $25,424 /YR $2,119 /MO
  • Triple Net (NNN)
Space Use
Retail
Build-Out
Shell Space
Availability
Now

With 16-foot ceilings, abundant natural light, preserved steel beams, and exposed brick walls, the space seamlessly blends industrial charm with modern functionally. 10 total restroom stalls for the space.

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Can be combined with additional space(s) for up to 4,752 SF of adjacent space
  • Central Air and Heating
  • Private Restrooms
  • Finished Ceilings: 14’
  • Flexible layout and space sizes available.
  • TI allowance possible for qualified tenant.
  • 1st Floor
  • 2,529 SF
  • 14’
  • 5-10 Years
  • $28.00 /SF/YR $2.33 /SF/MO $70,812 /YR $5,901 /MO
  • Triple Net (NNN)
Space Use
Retail
Build-Out
Shell Space
Availability
Now

With 14-foot ceilings, abundant natural light, preserved steel beams, and exposed brick walls, the space seamlessly blends industrial charm with modern functionally. 10 total restroom stalls for the space.

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Can be combined with additional space(s) for up to 4,752 SF of adjacent space
  • Central Air and Heating
  • Private Restrooms
  • Finished Ceilings: 14’
  • Flexible layout and space sizes available.
  • TI allowance possible for qualified tenant.
  • 1st Floor
  • 1,315 SF
  • 14’
  • 5-10 Years
  • $28.00 /SF/YR $2.33 /SF/MO $36,820 /YR $3,068 /MO
  • Triple Net (NNN)
Space Use
Retail
Build-Out
Shell Space
Availability
Now

With 14-foot ceilings, abundant natural light, preserved steel beams, and exposed brick walls, the space seamlessly blends industrial charm with modern functionally. 10 total restroom stalls for the space.

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Can be combined with additional space(s) for up to 4,752 SF of adjacent space
  • Central Air and Heating
  • Private Restrooms
  • Finished Ceilings: 14’
  • Flexible layout and space sizes available.
  • TI allowance possible for qualified tenant.
Space Size Ceiling Term Rental Rate Rent Type
1st Floor 908 SF 14’ 5-10 Years $28.00 /SF/YR $2.33 /SF/MO $25,424 /YR $2,119 /MO Triple Net (NNN)
1st Floor 2,529 SF 14’ 5-10 Years $28.00 /SF/YR $2.33 /SF/MO $70,812 /YR $5,901 /MO Triple Net (NNN)
1st Floor 1,315 SF 14’ 5-10 Years $28.00 /SF/YR $2.33 /SF/MO $36,820 /YR $3,068 /MO Triple Net (NNN)

1st Floor

Size
908 SF
Ceiling
14’
Term
5-10 Years
Rental Rate
$28.00 /SF/YR $2.33 /SF/MO $25,424 /YR $2,119 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Build-Out
Shell Space
Availability
Now

With 16-foot ceilings, abundant natural light, preserved steel beams, and exposed brick walls, the space seamlessly blends industrial charm with modern functionally. 10 total restroom stalls for the space.

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Can be combined with additional space(s) for up to 4,752 SF of adjacent space
  • Central Air and Heating
  • Private Restrooms
  • Finished Ceilings: 14’
  • Flexible layout and space sizes available.
  • TI allowance possible for qualified tenant.

1st Floor

Size
2,529 SF
Ceiling
14’
Term
5-10 Years
Rental Rate
$28.00 /SF/YR $2.33 /SF/MO $70,812 /YR $5,901 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Build-Out
Shell Space
Availability
Now

With 14-foot ceilings, abundant natural light, preserved steel beams, and exposed brick walls, the space seamlessly blends industrial charm with modern functionally. 10 total restroom stalls for the space.

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Can be combined with additional space(s) for up to 4,752 SF of adjacent space
  • Central Air and Heating
  • Private Restrooms
  • Finished Ceilings: 14’
  • Flexible layout and space sizes available.
  • TI allowance possible for qualified tenant.

1st Floor

Size
1,315 SF
Ceiling
14’
Term
5-10 Years
Rental Rate
$28.00 /SF/YR $2.33 /SF/MO $36,820 /YR $3,068 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Build-Out
Shell Space
Availability
Now

With 14-foot ceilings, abundant natural light, preserved steel beams, and exposed brick walls, the space seamlessly blends industrial charm with modern functionally. 10 total restroom stalls for the space.

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Can be combined with additional space(s) for up to 4,752 SF of adjacent space
  • Central Air and Heating
  • Private Restrooms
  • Finished Ceilings: 14’
  • Flexible layout and space sizes available.
  • TI allowance possible for qualified tenant.

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

Property Facts

Total Space Available 4,752 SF
Property Type Retail
Property Subtype Storefront
Gross Leasable Area 10,787 SF
Year Built/Renovated 1925/2025
Parking Ratio 5.38/1,000 SF

About the Property

This beautifully renovated historic building offers 12,000 square feet of flexible indoor and outdoor space, ranging from 718 to 2,000 square feet of usable space. This property includes a rooftop amenity and a cozy patio, all within a walkable neighborhood. With 14-foot ceilings, abundant natural light, preserved steel beams, and exposed brick walls, the space seamlessly blends industrial charm with modern functionally. Plus, over 50 off-street parking stalls, additional on-street options, and convenient access to 10 bathroom stalls ensure a convenience for tenants and visitors alike.

  • Security System
Moderately walkable
70/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
60/100

Nearby Major Retailers

Wells Fargo Home Mortgage
Panchero's Mexican Grill
Chase
Starbucks
Caribou Coffee
Price Chopper
U.S. Bank
Noodles & Company
  • Listing ID: 33075805

  • Date on Market: 1/12/2026

  • Last Updated:

  • Address: 515 28th St, Des Moines, IA 50312

Contact the Leasing Agent

515 28th St

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