Des Moines Office Space

Des Moines

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
6,200
As of: August 20, 2017

Des Moines Rates

On average, listings lease in the $20's per square foot per year. The Des Moines submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $7 per sqft per year. That's a 42% 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 undervalued submarket.

Des Moines Listing Supply

In the last 90 days, 2 listings have been listed, which means leases are probably going fast. You'll want to be prepared to make an offer immediately. About 50% of the office spaces 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 6,200 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are close to 2 floors. Most buildings in this market were built in 1984 and are Class B.

Des Moines Community

Market Report

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

Market Data

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

Des Moines Submarkets