Downtown Des Moines Industrial

Downtown Des Moines

Office Space Market Report

Number of Listings (last 90 days)
113
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
8,110
As of: August 21, 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 fell $1 per sqft per year. That's a 4% decline in rent.

Downtown Des Moines Listing Supply

In the last 90 days, 113 listings have been made available, so you'll want to check back regularly for new listings. About 38% of the available leases in the Downtown Des Moines are subleases, so you might be able to snag a great spot on a short term. 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 8,110 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are approximately 4 floors. Most buildings in this market were built in 1950 and are Class B.

Downtown Des Moines Community

This area is fairly equally mixed residential and commercial. 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 residents. 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