On average, listings lease 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 went up $3 per sqft per year. That's a 12% rise in rent.
In the last 90 days, 7 listings have been posted online, which means new availabilities might be leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,500 sqft. Most buildings in this market are close to 19 floors. Most buildings in this region 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 residents. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.