On average, listings lease in the $10's per square foot per year. The Old Colorado City region is seeing a decrease in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 22% decline in rent.
In the last 90 days, 117 listings have been posted online, so you'll want to check back regularly for new listings. About 17% of the listings in the Old Colorado City are subleases, so you might be able to find a shorter term or below market rent. 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 1,900 sqft. Most buildings in this market are approximately 2 floors. Most buildings in this area were built in 1923 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this region. Most of the residents of Old Colorado City work from home. Commuting between 30 and 45 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 Old Colorado City.
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