Most listings are in the $20's per square foot per year. The Academy Park region is experiencing a an increase in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 19% increase in rent.
Compared to the rest of the Denver Metro market, the Academy Park submarket has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 57 listings have been posted online, so you'll want to check back regularly for new listings. About 11% of the office spaces in the Academy Park are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 3,100 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are around 5 stories. Most buildings in this region were built in 1982 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this region. Commute by car is the most popular way to get to work amongst Academy Park folk. Commuting around 15 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 Academy Park.
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