Allendale Area Industrial

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Allendale Area

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
800
As of: December 10, 2016

Allendale Area Rates

The typical asking rate per listing is in the $20's per square foot per year. The Allendale Area region is experiencing a an increase in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 13% rise in rent.

Compared to the rest of the Denver Metro market, the Allendale Area submarket has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.

Allendale Area Listing Supply

In the last 90 days, 2 listings have come on the market, which means spaces are probably going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 800 sqft. Most buildings in this region were built in 1985 and are Class C.

Allendale Area Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Allendale Area residents. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Allendale Area.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Allendale Area.
Research