des moines Office Market Report

By CREhunt Research · Data through Q4 2025 · Aggregated from JLL

Quarterly office market indicators for des moines, aggregated by CREhunt from JLL. As of Q4 2025, average asking rent was $22.01/SF/yr and vacancy was 16.2%, per JLL.

Projected current office pricing — des moines

Projected asking rent
$22.01/SF/yr
Estimated sale value
$107–$183/SF

Modeled estimate (income approach) shown as a range — not an appraisal. No market-specific cap rate is published for des moines office yet, so this applies the typical cap rate across comparable office markets — treat it as a rough, indicative range that sharpens as sourced cap rates arrive. Projected asking rent × occupancy × net-operating-income margin band ÷ a benchmark cap rate, from Q4 2025 JLL asking-rent data (benchmark cap rate 6.5%–8.6%, asking rent held flat). Assumes ~84% occupancy and a 50–65% net-operating-income margin.

QuarterAsking rentVacancyNet absorptionUnder constr.
Q4 2025
JLL
$22.01/SF/yr16.2%204K SF—

Frequently asked questions

What is the average asking rent for office space in des moines?
As of Q4 2025, the average asking rent for office space in des moines was $22.01/SF/yr, per JLL.
What is the office vacancy rate in des moines?
The office vacancy rate in des moines was 16.2% as of Q4 2025 (JLL).
Where does CREhunt's des moines market data come from?
This report aggregates quarterly office market data for des moines from JLL.