The typical asking rate per listing is in the $30's per square foot per year. The Greenwood Village submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 8% decline in rent.
Compared to the rest of the Denver Metro market, the Greenwood Village region has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 835 listings have come on the market, so you'll want to check back regularly for new listings. About 11% of the office spaces in the Greenwood Village are subleases, so you might be able to find a shorter term or below market rent. 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 3,930 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are approximately 4 floors. Most buildings in this area were built in 1982 and are Class B.
Real time and historical data on commercial real estate listings in Greenwood Village.
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