On average, listings lease in the $20's per square foot per year. The Academy Park region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 5% decline in rent.
Compared to the rest of the Denver Metro market, the Academy Park submarket has lower rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 57 listings have been posted online, so you'll want to check back regularly for new listings. About 25% of the listings in the Academy Park 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.
Even though the median size is 3,980 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are around 5 floors. Most buildings in this area were built in 1983 and are Class B.
A large portion of this market is residential, but there's plenty of office_space. Arts, entertainment, and restaurants are the dominant industries in this area. Commute by car is the most popular way to get to work amongst Academy Park residents. Commuting around 15 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 Academy Park.
Get email notifications when new listings are posted that match your requirements.