Urbandale Office Rent Price & Sales Report

2024 Office Space Rent & Sales

  • $13.37 2024 Avg. Asking Rent
  • 23.52% 2024 Office Vacancy Rate

Urbandale office price per square foot in 2024 was $13.37 on average. The local office market recorded an average vacancy rate of 23.52% across all asset classes combined.

See how this market compares to the national average: U.S. office space rent & sales.

Average Rent by Office Class

2024 Average Office Rent per Square Foot

  • Iowa Class A & A+ Office Space$19.75
  • Iowa Class B Office Space$11.96
  • Iowa Class C Office Space$9.34

Urbandale, IA Office Asking Rents by Class

2024 Office Vacancy Rates in Urbandale

Submarket Asking Rents Vacancy Rates
Urbandale $13.45 23.99%
Northwest $11.17 6.41%
Data provided by Yardi Research
Submarket differences in factors such as property mix, degree of accessibility, and availability of amenities influence not only variation in office rent price, but also in vacancy rates. The overall office vacancy rate on the Urbandale market was 23.52% in 2024. Looking at the market stats on a more granular level, data shows that the lowest office vacancy rate in Urbandale was 6.41% in the Northwest submarket, while the highest office vacancy in the market was 23.99%, recorded in Urbandale.

Office Spaces for Rent in Iowa

Coworking Spaces in Iowa

2024 Office Construction in Urbandale, IA

Largest Office Properties Recently Completed in Urbandale
Office building Address SF Completed
Paradigm 12100 Meredith Drive Urbandale, Iowa 50323, 50323 90,000 2018
Crescent 12421 Meredith Drive, 50323 216,165 2008
Ashland Point 2900 100th Street, 50322 62,184 2005
Crossroads Business Park - Building 11 12010 Ridgemont Drive, 50323 75,000 2004
10604, 10640 & 10668 Justin Drive 10604 Justin Drive, 50322 61,440 2003
8134 Douglas Ave 8134 Douglas Ave, 50322 3,862 2003
8134 Douglas Ave 8134 Douglas Ave, 50322 3,862 2003
Northshore Office Complex 4093 NW Urbandale Drive, 50322 90,000 2001
4432-4458 NW Urbandale Drive 4454 NW Urbandale Drive, 50322 38,655 2000
Westmark Plaza II 2701-2733 86th St, 50322 22,000 2000

Worth noting among recent office completions on the Urbandale market is Paradigm, which is currently the largest new office development in the city, at 90,000 square feet.

Data provided by Yardi Research

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This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2024 through December 31st 2024. Construction pipeline data represented herein is valid as of February 2025. The information on this page was compiled using data provided by Yardi Research Data, a market intelligence solution which offers comprehensive real market knowledge on all Urbandale commercial properties sized 25,000 square feet or larger.

While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor Yardi Research Data can guarantee that the information provided is complete.