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)
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
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 |
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 |
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.