On average, listings lease in the $20's per square foot per year. The Southfield Park submarket is going through a decline in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 9% decline in rent.
Compared to the rest of the Denver Metro market, the Southfield Park submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 42 listings have been listed, so you'll want to check back regularly for new listings. About 17% of the office spaces in the Southfield Park are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 2,520 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are close to 2 floors. Most buildings in this region were built in 2001 and are Class B.
Public administration is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Southfield Park occupants. Commuting more than an hour and a half 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 Southfield Park.
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