The typical asking rate per listing is in the $20's per square foot per year. The Downtown Des Moines submarket is seeing a an increase in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 4% increase in rent.
In the last 90 days, 113 listings have come on the market, so you'll want to check back regularly for new listings. About 1% of the office spaces in the Downtown Des Moines are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 13,160 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are approximately 4 stories. Most buildings in this market were built in 1953 and are Class B.
A large portion of this area is residential, but there's plenty of office_space. Real estate is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Downtown Des Moines occupants. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.