On average, listings lease in the $10's per square foot per year. The Parker submarket is going through a decline in rates. In the last 3 months, the median rate decreased $13 per sqft per year. That's a 40% decline in rent.
Compared to the rest of the Denver Metro market, the Parker submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 115 listings have come on the market, so you'll want to check back regularly for new listings. About 9% of the available leases in the Parker 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.
The standard measurement for office space in this area is around 1,940 sqft. Most buildings in this market are close to 2 floors. Most buildings in this area were built in 2004 and are Class B.
Real time and historical data on commercial real estate listings in Parker.
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