The typical asking rate per listing is in the $20's per square foot per year. The City Center North region is going through a a rise in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 11% increase in rent.
Compared to the rest of the Denver Metro market, the City Center North region has lower rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 41 listings have been listed, so you'll want to check back regularly for new listings. About 66% of the office spaces in the City Center North are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 measurement for office space in this area is around 890 sqft. Most buildings in this area are approximately 3 floors. Most buildings in this market were built in 1981 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this area. Most of the residents of City Center North work from home. Commuting more than 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 City Center North.
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