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 rose $1 per sqft per year. That's a 4% increase in rent.
Compared to the rest of the Denver Metro market, the Central Business District region has greater rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 57 listings have been listed, so you'll want to check back regularly for new listings. About 130% of the available space in the Central Business District are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 6,810 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area 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 residents. Commuting around an hour and a half a day is the norm for those who opt to reside in this part of town.