120 5th St

For Lease 2,730 SF

120 5th St, West Des Moines, IA 50265

Historic Valley Junction is not only the heart of Main Street West Des Moines, but it's also conveniently located just five minutes from I-235 and less than ten minutes to Highway 5, both of which connect the area to the entire Des Moines Metro. Traffic surrounding Valley Junction is driven by Hillside Elementary, Stilwell Junior High and Sacred Heart School, which are all nearby, plus with easy access to Frisbee Park, American Legion Park, Holiday Park Baseball Complex and Aliber Soccer Complex, the neighborhood is bustling with activity.Built in 1910, this mixed-use building is located on the first block of 5th Street in Historic Valley Junction. The site sits among 150 specialty shops, restaurants and service businesses. As an Iowa Main Street Community since 1987, the neighborhood prides itself on being the home to locally owned small businesses. First floor retail space is set up as a salon and could be a perfect fit for another salon/hairstylist/barbershop or potentially a tattoo parlor. Suite C is second-level office space that does not have elevator access.

Key features

  • Ample on-site parking for tenants and visitors
  • Located just five minutes from I-235 and less than ten minutes from Highway 5
  • Prime location with high visibility along 5th Street

Rental Details

  • Number of spaces 2
  • Total square feet available 2,730 SF
  • For Lease $6.00 - $17.00/SF/YR
  • Space Type Retail
  • Lease Type NNN
  • Latest Update Nov 10, 2026
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2 Spaces Available

Suite B (Street-Level Retail)

Space Type
Retail
Lease Rate
$17.00/SF/YR
Total Space
1,190 SF
Lease Type
NNN

Suite C (Second-Level Office)

Space Type
Retail
Lease Rate
$6.00/SF/YR
Total Space
1,540 SF
Lease Type
NNN

Contacts

Ben Brackett

Ferguson Commercial Real Estate Services

Building Details

  • For Lease $6.00 - $17.00/SF/YR
  • Property Type Retail - Street Retail
  • Property Size 4,070 SF
  • Units 3
  • Lot Size 0.09 Acre
  • Additional Rent Price on request
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1910
  • Date Updated Nov 10, 2026

Location

  • City West Des Moines, IA
  • Neighborhood Valley Junction
  • Zip Code 50265
  • Market Des Moines
  • Walk score 77/100 Very Walkable
  • Bike score 66/100 Bikeable
Powered by Walk Score ®

Points of Interest

Conoco

0.29 miles

QuikTrip

0.34 miles

Hy-Vee Fast & Fresh

0.86 miles

Casey's General Store

0.92 miles

Sam's Club

1.93 miles

Kum & Go

2.14 miles

Kum and Go

2.19 miles

Phillips 66

2.25 miles

Ashworth Plaza

4.27 miles

ChargePoint Charging Station

4.59 miles

Sophomore Lot

2.00 miles

Windsor Place Parking

2.05 miles

Academic Center South Parking Lot

2.53 miles

Academic Center North Parking Lot

2.57 miles

Student Education Center Parking Lot

2.57 miles

Southeast Parking Lot

2.65 miles

Des Moines University Parking Garage

2.66 miles

Von Maur Parking

2.87 miles

Lot 26

3.29 miles

Lot 27

3.31 miles

Fareway

0.95 miles

Hy-Vee

1.06 miles

Walmart Supercenter

1.84 miles

Aldi

2.08 miles

Price Chopper

2.66 miles

TJ Maxx

2.66 miles

Fresh Thyme

2.71 miles

The Looney Bin Store

2.73 miles

JCPenney

2.78 miles

Valley West Mall

2.83 miles

Listing Summary

  • Retail Space Costs at 120 5th St

    The asking rent for retail space in this property starts at $6.00/SF/YR.

  • Property Characteristics

    This retail property is rated Class B based on its characteristics, amenities, and location. Located at 120 5th St, it was completed in 1910.

  • Retail Space Available

    The property exclusively contains Retail space totaling 2,730 square feet. The leasing opportunity here is available under NNN lease terms.

  • Space Sizes
    • The property houses 2 retail spaces in the 1,000 to 10,000 square feet range, which can serve small or medium-sized retail businesses with growth potential.
Contact Ben Brackett
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