The typical asking rate per listing is in the $30's per square foot per year. The Central Business District submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 10% decline in rent.
Compared to the rest of the Denver Metro market, the Central Business District region has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 74 listings have been listed, so you'll want to check back regularly for new listings. About 9% of the listings in the Central Business District are subleases, so you will probably have to consider a longer term 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 4,440 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are approximately 14 floors. Most buildings in this market were built in 1973 and are Class B.
Waste services is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Central Business District occupants. Commuting approximately an hour and a half a day is the norm for those who opt to reside in this part of town.