Downtown Des Moines Industrial

Downtown Des Moines

Office Space Market Report

Number of Listings (last 90 days)
36
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
4,580
As of: January 18, 2017

Downtown Des Moines Rates

On average, listings lease in the $20's per square foot per year. The Downtown Des Moines submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $8 per sqft per year. That's a 26% decline in rent.

Downtown Des Moines Listing Supply

In the last 90 days, 34 listings have come on the market, which means office spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 3,490 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are around 19 stories. Most buildings in this market were built in 1975 and are Class B.

Downtown Des Moines Community

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.

Market Report

Trends and status of the commercial real estate market in Downtown Des Moines.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown Des Moines.
Research