On average, listings lease in the $30's per square foot per year. The Central Business District region is experiencing a an increase in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 4% rise in rent.
Compared to the rest of the Denver Metro market, the Central Business District submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 45 listings have been posted online, so you'll want to check back regularly for new listings. About 16% of the available space in the Central Business District 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 5,830 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are approximately 14 stories. Most buildings in this region were built in 1973 and are Class B.
Waste services is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Central Business District occupants. Commuting around an hour and a half a day is the norm for those who opt to reside in this part of town.