West Des Moines Office Market Trends

Office Rental Market

  • $21.56 2019 Avg. Asking Rent
  • 12.41 % 2019 Avg. Vacancy Rate
  • 265,000 2019 Office Completions (Sqft)
  • 245,000 2020 Estimated Pipeline (Sqft)
In 2019, the average asking rent for office space in West Des Moines was $21.56 per square foot, and the office vacancy rate across the market averaged 12.41 %. During 2019, developers added 265,000 square feet of new office space to the West Des Moines market inventory. Office developments estimated for delivery during 2020 total 245,000 square feet.

Average Office Asking Rents by Class

2019 Average Office Rent per Square Foot

  • West Des Moines Class A Office Buildings$27.76
  • West Des Moines Class B Office Buildings$20.41
  • IA Class A Office Buildings$24.62
  • IA Class B Office Buildings$18.85
  • IA Class C Office Buildings$9.48

West Des Moines, IA Office Asking Rents by Class

OFFICE CONSTRUCTION IN West Des Moines, IA

  • West Des Moines, IA Total Sqft completed in 2019 265,000
  • West Des Moines, IA Total Sqft under construction in 2020 245,000
10 Largest Office Buildings in West Des Moines
Building name Address Total Sqft Year built
Wells Fargo West Des Moines Campus 800 South Jordan Creek Pkwy, 50266 937,205 2006
7001 Westown Pkwy 7001 Westown Pkwy, 50266 425,609 2000
7700 Mills Civic Pkwy 7700 Mills Civic Pkwy, 50266 374,000 2009
Farm Bureau Financial Services Campus 5400 University Avenue, 50266 329,046 1973
Country Club Office Park - Wells Fargo 7000 Vista Drive, 50266 280,396 1992
1776 West Lakes Pkwy 1776 West Lakes Pkwy, 50266 275,021 1993
8300 Mills Civic Pkwy 8300 Mills Civic Pkwy, 50266 230,000 2020
Hy - Vee Headquarters 5820 Westown Pkwy, 50266 197,516 1995
Westfield Office Complex 1080 Jordan Creek Pkwy, 50266 180,000 2019
The Iowa Clinic 5950 University Avenue, 50266 170,000 2003
Largest Office Properties Recently Completed in West Des Moines
Office building Address Sqft Completed
8300 Mills Civic Pkwy 8300 Mills Civic Pkwy, 50266 230,000 2020
Blank Children's STAR & Developmental Center 4055 Westown Pkwy, 50266 28,000 2020
Westfield Office Complex 1080 Jordan Creek Pkwy, 50266 180,000 2019
IMT Insurance Headquarters 7825 Mills Civic Pkwy, 50309 85,000 2019
Country Club Office Plaza - Newport Building 1075 Jordan Creek Pkwy, 50266 75,000 2016
Merchants Corporate Headquarters 6700 Westown Pkwy, 50266 50,000 2015
4125 Westown Pkwy 4125 Westown Pkwy, 50266 48,355 2014
Ashworth Place 7545 Ashworth Road, 50266 30,000 2014
7700 Mills Civic Pkwy 7700 Mills Civic Pkwy, 50266 374,000 2009
5550 Wild Rose Lane 5550 Wild Rose Lane, 50266 98,312 2008
Data provided by Commercial Edge

Office Spaces for Rent in Iowa

See trends for nearby markets

The West Des Moines office market contains an inventory of 8,642,668 square feet of office space, in 115 buildings that are equal to or larger than 25,000 square feet.

This market trends report is based on analysis of city-level data. Averages were calculated based on values dated January 1st 2019 through December 31st 2019. Construction pipeline data shown is valid as of April 2020. The information on this page was compiled using data provided by our sister company, CommercialEdge – a market intelligence solution which offers comprehensive 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.