The typical asking rate per listing is in the $30's per square foot per year. The Central Denver region is seeing a decrease in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 11% decline in rent.
Compared to the rest of the Denver Metro market, the Central Denver region has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 1907 listings have been posted online, so you'll want to check back regularly for new listings. About 10% of the available leases in the Central Denver are subleases, so you might be able to snag a great spot on a short term. 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 3,860 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are around 5 stories. Most buildings in this region were built in 1964 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 market. Commute by taxi is the most popular way to get to work amongst Central Denver folk. Commuting approximately 20 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 Central Denver.
Get email notifications when new listings are posted that match your requirements.