In 2023 the Polk County, IA commercial real estate market totaled 21,636,318 square feet of office spaces, 15,890,430 square feet of office spaces with retail, and 49,579,853 square feet of industrial space.
Office Spaces
Total: 21,636,318 SF
Data provided by Yardi Matrix, properties over 50k SF, includes office with retail
By square footage range:
| Range |
Total square feet |
Share of total |
| 50k to 100k SqFt |
6,084,340 SqFt |
28.12% of total office |
| 100k to 500k SqFt |
12,672,735 SqFt |
58.57% of total office |
| 500k to 1M SqFt |
2,879,243 SqFt |
13.31% of total office |
By class:
| Class |
Total square feet |
Share of total |
| Class A |
10,948,816 SqFt |
50.6% of total office |
| Class B |
9,221,263 SqFt |
42.62% of total office |
| Class C |
50,688 SqFt |
0.23% of total office |
Roughly 13.31% of the total office space in Polk County, IA is comprised of properties between 500K to 1M square feet, and buildings between 50k to 100k square feet represent 28.12% of the office inventory.
Class A office space holds a 50.6% share of the overall Polk County, IA office market, while Class B office assets make up approximately 42.62%.
Industrial
Total: 49,579,853 SF
Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
| Range |
Total square feet |
Share of total |
| 50k to 100k SqFt |
9,137,373 SqFt |
18.43% of total industrial |
| 100k to 500k SqFt |
27,647,171 SqFt |
55.76% of total industrial |
| 500k to 1M SqFt |
9,474,701 SqFt |
19.11% of total industrial |
| > 1M SqFt |
3,320,608 SqFt |
6.7% of total industrial |
By class:
| Class |
Total square feet |
Share of total |
| Class A |
19,691,070 SqFt |
39.72% of total industrial |
| Class B |
26,255,893 SqFt |
52.96% of total industrial |
| Class C |
1,450,299 SqFt |
2.93% of total industrial |
There are 27,647,171 square feet of commercial real estate properties between 100k to 500k square feet, representing 55.76% of the Polk County, IA industrial inventory. Class A assets total 19,691,070 square feet of industrial space, with an additional 26,255,893 square feet of Class B and 1,450,299 square feet of Class C properties.
Office Spaces with Retail
Total: 15,890,430 SF
Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
| Range |
Total square feet |
Share of total |
| 50k to 100k SqFt |
4,373,774 SqFt |
27.52% of total office with retail |
| 100k to 500k SqFt |
8,452,644 SqFt |
53.19% of total office with retail |
| 500k to 1M SqFt |
3,064,012 SqFt |
19.28% of total office with retail |
4250 NW 114th Street, Urbandale, IAFor Lease
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