On average, listings lease in the $30's per square foot per year. The Glendale submarket is experiencing a a rise in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 4% increase in rent.
Compared to the rest of the Denver Metro market, the Glendale submarket has greater rates, and you'll need to make a great offer to be in this hot submarket.
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 have to focus your search on direct office 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.
Even though the median size is 3,210 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are close to 14 floors. Most buildings in this region 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 folk. 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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