On average, listings lease in the $30's per square foot per year. The Central Business District region is going through a a boost in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 4% rise in rent.
Compared to the rest of the Denver Metro market, the Central Business District submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 969 listings have been listed, so you'll want to check back regularly for new listings. About 8% of the available leases in the Central Business District are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 4,200 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are close to 14 floors. Most buildings in this market were built in 1973 and are Class B.
Waste services is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Central Business District occupants. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Central Business District.
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