The typical asking rate per listing is in the $30's per square foot per year. The Centennial submarket is experiencing a a boost in rates. In the last 3 months, the median rate went up $7 per sqft per year. That's a 28% increase in rent.
Compared to the rest of the Denver Metro market, the Centennial submarket has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 560 listings have come on the market, so you'll want to check back regularly for new listings. About 6% of the available space in the Centennial are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 2,590 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are around 2 stories. Most buildings in this region were built in 1985 and are Class B.
Real time and historical data on commercial real estate listings in Centennial.
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