West Des Moines Office Rent Price & Sales Report

Highlights

  • The average rent for office space in West Des Moines is $13.22 per square foot, 7.75% higher compared to the previous year.
  • The market’s vacancy rate stands at 18.74%, lower than the state average of Iowa, which is 23.99%.

2025 Office Space Rent & Sales

  • $13.22 2025 Avg. Asking Rent
  • 7.75% Y-o-Y Avg. Asking Rent Change
  • 18.74% 2025 Office Vacancy Rate
  • $84.1M2025 Total Office Sales
  • $89.82Avg. Sale Price/SF

What is the average asking rent price for office space in West Des Moines?

Average asking rents for office space here stand at $13.22 per square foot. The local office market recorded an average vacancy rate of 18.74% in 2025, unchanged from 18.74% in 2024.

Office transactions in the local market in 2025 totaled a sales volume of $84.1M across 12 sales. These transactions commanded an average sale price per square foot of $89.82.

West Des Moines, IA Office Asking Rents by Class

What is the average office rent per square foot by property class in West Des Moines?

  • Avg. Asking Rent Class A & A+$19.34
  • Avg. Asking Rent Class B$12.18

What is the average office rent per square foot by property class in IA?

  • Avg. Asking Rent Class A & A+$19.44
  • Avg. Asking Rent Class B$12.67
  • Avg. Asking Rent Class C$8.02

For comparison, the average rent for Class A and A+ office space in Iowa was $19.44 per square foot. The state-wide average for Class B space was $12.67 per square foot, and Class C office spaces averaged $8.02 per square foot.

West Des Moines, IA Office Indicators by Submarket

In 2025, the submarket with the lowest office vacancy rate in West Des Moines was West Des Moines at 18.51%. Meanwhile, the highest office vacancy rate in the market was 26.29%, recorded in Downtown.
Submarket Asking Rents Vacancy Rates
West Des Moines $13.22 18.51%
Downtown $12.51 26.29%
Data provided by Yardi Research

Explore Top Office Markets in Iowa

2025 Office Sales Volume

  • $89.822025 Avg. Price per SF
  • -8.28%Y-o-Y Avg. PpSF Change
  • $84.1M2025 Office Sales Volume
  • 122025 Number of Transactions

What is the average sale price per square foot for office space in West Des Moines?

Average sale prices for office space in this market recorded a -8.28% change in 2025 compared to the previous year.
Office transactions recorded in the market in 2025 averaged $89.82 per square foot. For comparison, the statewide Iowa average during the same time period stood at $58.78 per square foot, while the national average was $182.48 per square foot.

West Des Moines, IA Sale Price per SF Trend

  • West Des Moines Avg. Sale Price per SF in 2025$89.82
  • Iowa Avg. Sale Price per SF in 2025$58.78

What was the total office sales volume in West Des Moines in 2025?

The local office market recorded 12 deals in 2025, adding up to a yearly sales volume of $84.1M.

  • West Des Moines, IA Total Office Sales Volume in 2025 $84.1M
  • West Des Moines, IA Total Number of Office Sales Closed in 2025 12

What were the largest office building sales in West Des Moines in 2025?

The market’s largest transaction last year was the sale of Iowa Heart Center for $36,700,000 on 12/19/2025.
The next-highest sale was the transaction involving 6000 Westown Pkwy, which traded for $16,650,000. The third-largest transaction was the sale of 5901 Westown Pkwy for $12,900,000.

Property name Address Date Price
Iowa Heart Center 5880 University Avenue 12/19/2025 $36,700,000
6000 Westown Pkwy 6000 Westown Pkwy 5/1/2025 $16,650,000
5901 Westown Pkwy 5901 Westown Pkwy 12/19/2025 $12,900,000
1200 12th Street 1200 12th Street 12/23/2025 $2,350,000
Data provided by Yardi Research

Office Construction in West Des Moines, IA

What are the largest recent office completions in West Des Moines?

The largest recent office completion here is Westfield Campus at 160,000 square feet, completed in 2018. The next largest completions are 5550 Wild Rose Lane and Sonoma.

Office building Address SF Completed
595 Tower 595 60th Street, 50266 72,991 2023
The Oaks on Grand - Building 2 5745 Raccoon River Drive, 50266 48,534 2022
Westfield Campus 1080 Jordan Creek Parkway, 50266 160,000 2018
Ashworth Place 7545 Ashworth Road, 50266 30,000 2014
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
Sonoma 1089 Jordan Creek Parkway, 50266 75,534 2005
LADCO II Building 6701 Westown Pkwy, 50266 31,751 2005
Data provided by Yardi Research

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Disclaimer

All information on this page is based on city-level data that includes properties equal to or larger than 25,000 square feet.
Averages were calculated based on values dated between January 1st and December 31st 2025. Construction pipeline data represented herein is valid as of January 2026.

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.