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