2024 Office Space Rent & Sales
- $12.27 2024 Avg. Asking Rent
- 23.21% 2024 Office Vacancy Rate
West Des Moines office price per square foot in 2024 was $12.27 on average. The local office market recorded an average vacancy rate of 23.21% 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
- West Des Moines Class A & A+ Office Space$21.06
- West Des Moines Class B Office Space$11.81
- Iowa Class A & A+ Office Space$19.75
- Iowa Class B Office Space$11.96
- Iowa Class C Office Space$9.34
West Des Moines, IA Office Asking Rents by Class
2024 Office Vacancy Rates in West Des Moines
| Submarket | Asking Rents | Vacancy Rates |
|---|---|---|
| Downtown | $13.67 | 20.69% |
| West Des Moines | $11.91 | 24.89% |
Office Spaces for Rent in Iowa
Coworking Spaces in Iowa
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2024 Office Construction in West Des Moines, IA
- West Des Moines, IA Total SF completed in 2024 72,000
During 2024, 72,000 square feet of new office space were delivered across the market. At the close of 2024, the West Des Moines office inventory included 1 buildings equal to or larger than 25,000 square feet, which comprised 72,000 square feet of office space.
| Office building | Address | SF | Completed |
|---|---|---|---|
| 595 Tower | 595 60th Street, 50266 | 72,991 | 2023 |
| Westfield Campus | 1080 Jordan Creek Parkway, 50266 | 160,000 | 2018 |
| Coachlight Plaza | 6420 Coachlight Drive, 50266 | 23,350 | 2016 |
| 5550 Wild Rose Lane | 5550 Wild Rose Lane, 50266 | 98,312 | 2008 |
| 440 Fairway Dr | 440 Fairway Drive, 50266 | 18,000 | 2007 |
| Brickstone | 1055 Jordan Creek Parkway, 50266 | 31,304 | 2006 |
| The Depot | 1045 76th Street, 50266 | 29,271 | 2006 |
| 650 S Prairie View Dr | 650 S Prairie View Dr, 50266 | 7,242 | 2006 |
| Sonoma | 1089 Jordan Creek Parkway, 50266 | 75,534 | 2005 |
| LADCO II Building | 6701 Westown Pkwy, 50266 | 31,751 | 2005 |
Worth noting among recent office completions on the West Des Moines market is 595 Tower, which is currently the largest new office development in the city, at 72,991 square feet.
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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 CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all West Des Moines 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 CommercialEdge can guarantee that the information provided is complete.