Downtown Des Moines Retail

Downtown Des Moines

Office Space Market Report

Number of Listings (last 90 days)
113
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
13,160
As of: May 20, 2017

Downtown Des Moines Rates

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.

Downtown Des Moines Listing Supply

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.

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