On average, listings lease in the $10's per square foot per year. The Sheridan submarket is seeing a an increase in rates. In the last 3 months, the median rate increased $16 per sqft per year.
Compared to the rest of the Denver Metro market, the Sheridan submarket has lower rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 13 listings have been made available, which means new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 8% of the available space in the Sheridan are subleases, so you will probably have to consider a longer term lease. 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 2,320 sqft. Most properties in this area are close to 1 floors. Most buildings in this region were built in 1977 and are Class C.
Real time and historical data on commercial real estate listings in Sheridan.
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