Most listings are in the $20's per square foot per year. The Downtown Colorado Springs region is going through a decline in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 14% decrease in rent.
In the last 90 days, 505 listings have come on the market, so you'll want to check back regularly for new listings. About 7% of the listings in the Downtown Colorado Springs 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,890 sqft. Most properties in this area are around 2 stories. Most buildings in this area were built in 1909 and are Class Class B.
This region is fairly equally mixed residential and commercial. Wholesale trade is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Downtown Colorado Springs folk. Commuting under 5 minutes 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 Downtown Colorado Springs.
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