On average, listings lease in the $20's per square foot per year. The Downtown Grand Junction region is seeing a decrease in rates. In the last 3 months, the median rate decreased $0 per sqft per year. That's a 1% decrease in rent.
In the last 90 days, 69 listings have come on the market, so you'll want to check back regularly for new listings. About 28% of the listings in the Downtown Grand Junction are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 800 sqft. Most properties in this market are approximately 1 stories. Most buildings in this area were built in 1918 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Downtown Grand Junction folk. Commuting close to 30 minutes 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 Downtown Grand Junction.
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