The typical asking rate per listing is in the $20's per square foot per year. The Downtown Des Moines region is seeing a decrease in rates. In the last 3 months, the median rate decreased $7 per sqft per year. That's a 23% decline in rent.
In the last 90 days, 30 listings have been made available, which means new listings most likley are going fast. 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 3,390 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are approximately 19 stories. Most buildings in this market were built in 1975 and are Class B.
A large portion of this market is residential, but there's plenty of office_space. Real estate is the dominant industry in this region. 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.