On average, listings lease in the $20's per square foot per year. The Hiwan Hills submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 21% rise in rent.
Compared to the rest of the Denver Metro market, the Hiwan Hills submarket has lower rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 6 listings have been listed, which means new availabilities might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 17% of the office spaces in the Hiwan Hills 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 available, so finding a space for a small business might be tough.
Even though the median size is 5,350 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market were built in 1969.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this area. Most of the occupants of Hiwan Hills work from home. Commuting around an hour 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 Hiwan Hills.
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