Most listings are 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 $0 per sqft per year. That's a 1% decrease in rent.
In the last 90 days, 113 listings have been made available, so you'll want to check back regularly for new listings. About 22% of the available space in the Downtown 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 available, so finding a space for a small business might be tough.
Even though the median size is 7,000 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are close to 4 stories. Most buildings in this market were built in 1953 and are Class B.
This area is fairly equally mixed residential and commercial. Real estate is the dominant industry in this market. 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.