Centennial Industrial

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Centennial

Market Report

Number of Listings
Posted in the last 90 days
2
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
2,590

Centennial Rates

The typical asking rate per listing is in the $20's per square foot per year. The Centennial region is seeing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 6% decrease in rent.

Compared to the rest of the Denver Metro market, the Centennial region has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.

Centennial Listing Supply

In the last 90 days, 560 listings have been made available, so you'll want to check back regularly for new listings. About 9% of the office spaces in the Centennial are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,070 sqft. Most properties in this area are approximately 2 floors. Most buildings in this region were built in 1985 and are Class B.

Centennial Community

Market Data

Real time and historical data on commercial real estate listings in Centennial.
Research