The typical asking rate per listing is in the $20's per square foot per year. The Des Moines submarket is going through a an increase in rates. In the last 3 months, the median rate went up $5 per sqft per year. That's a 24% increase in rent.
Compared to the rest of the Seattle Metropolitan Area market, the Des Moines submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 23 listings have been made available, which means new availabilities might be leasing quickly. You'll want to be prepared to make an offer immediately. About 13% of the available leases in the Des Moines are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 6,200 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are approximately 2 stories. Most buildings in this region were built in 1988 and are Class B.
Real time and historical data on commercial real estate listings in Des Moines.
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