The typical asking rate per listing is in the $30's per square foot per year. The Inverness region is seeing a a boost in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 4% rise in rent.
Compared to the rest of the Denver Metro market, the Inverness region has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 236 listings have been posted online, so you'll want to check back regularly for new listings. About 8% of the office spaces in the Inverness are subleases, so you will probably have to consider a longer term lease. 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 1,860 sqft. Most buildings in this region are approximately 3 floors. Most buildings in this market were built in 1990 and are Class A.
This market is fairly equally mixed residential and commercial. Manufacturing is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Inverness occupants. Commuting close to 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 Inverness.
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