On average, listings lease in the $30's per square foot per year. The Glendale submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 4% rise in rent.
Compared to the rest of the Denver Metro market, the Glendale submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 246 listings have been posted online, so you'll want to check back regularly for new listings. About 7% of the office spaces in the Glendale are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 3,190 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are around 14 stories. Most buildings in this area were built in 1980 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Glendale occupants. 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 Glendale.
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