Central Denver Industrial

Central Denver

Office Space Market Report

Number of Listings (last 90 days)
203
Median Rate ($/sqft/yr)
$36
Median Size (sqft)
3,370
As of: January 23, 2017

Central Denver Rates

The typical asking rate per listing is in the $30's per square foot per year. The Central Denver region is experiencing 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 Denver submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Central Denver Listing Supply

In the last 90 days, 206 listings have been posted online, so you'll want to check back regularly for new listings. About 5% of the available space in the Central Denver are subleases, so you will probably have to focus your search on direct office leases. 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 3,170 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are approximately 6 stories. Most buildings in this market were built in 1966 and are Class B.

Central Denver Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this region. Commute by taxi is the most popular way to get to work amongst Central Denver occupants. Commuting approximately 20 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 Central Denver.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Central Denver.
Research