Most listings are in the $30's per square foot per year. The Central Business District submarket is going through a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 2% decrease in rent.
Compared to the rest of the Denver Metro market, the Central Business District submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 57 listings have been posted online, so you'll want to check back regularly for new listings. About 12% of the listings in the Central Business District 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 5,340 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are approximately 14 stories. 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 around an hour and a half a day is the norm for those who opt to reside in this part of town.