Centennial Office Space

Centennial

Market Report

Number of Listings
Posted in the last 90 days
36
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
1,320

Centennial Rates

The typical asking rate per listing is in the $20's per square foot per year. The Centennial region is going through a decline in rates. In the last 3 months, the median rate decreased $7 per sqft per year. That's a 22% decrease in rent.

Compared to the rest of the Denver Metro market, the Centennial submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.

Centennial Listing Supply

In the last 90 days, 560 listings have been listed, so you'll want to check back regularly for new listings. About 6% of the listings in the Centennial are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,320 sqft. Most properties in this region are approximately 2 floors. Most buildings in this market were built in 1985 and are Class B.

Centennial Community

Market Data

Real time and historical data on commercial real estate listings in Centennial.
Research