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Woodland Office Park

Off-Market

3408 Woodland Avenue, West Des Moines, IA 50266

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  • Property Type Office - General Office
  • Property Size 26,880 Sqft
  • Lot Size 3.12 Acre
  • Parking Spaces Avail. 86
  • Parking Ratio 3.20/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1991

Location

  • City West Des Moines, IA
  • Neighborhood Crossroads
  • Zip Code 50266
  • Market Des Moines

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Arm's Length
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date

Market Trends

Average Actual Rents in West Des Moines

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in West Des Moines Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $21.27
  • 2020 Office Vacancy Rate 11.72 %
  • 2020 Office Completions (Sqft) 258,000
View more West Des Moines market trends

Tax

  • Property Tax in 2020-2021 $65,280
  • Market Value $1,680,000
  • Assessed Value $1,680,000

Find more tax info, including assessment history and abatements, on CommercialEdge

Frequently Asked Questions

What is the total square footage of Woodland Office Park?

Woodland Office Park totals 26,880 square feet.

When was this property built?

Woodland Office Park was built in 1991.

What is the property tax for Woodland Office Park?

The property tax for Woodland Office Park in 2020-2021 was $65,280.

What is the market value for Woodland Office Park?

The market value for Woodland Office Park in 2020-2021 was $1,680,000.

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