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The typical asking rate per commerial real estate listing leases is in the $20's per square foot per year. The Centennial submarket is experiencing a decline in rates. In the last 3 months, the median rate for lease fell $9 per sqft per year.
Compared to the rest of the Denver Metro commercial real estate market, the Centennial region has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 180 days, 560 commercial real estate listings have been made available, so you'll want to check back regularly for new listings. About 2% of the available commercial real estate leases in the Centennial are subleases, so you will probably have to focus your search on direct leases. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard size for office space in this area is around 1,250 sqft. Most properties in this region are around 2 floors. Most buildings in this market were built around 1985 and are Class B.
Real time and historical data on commercial real estate listings in Centennial.
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