Cherry Creek North Industrial

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Cherry Creek North

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
1,720
As of: December 4, 2016

Cherry Creek North Rates

Most listings are in the $30's per square foot per year. The Cherry Creek North submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $17 per sqft per year. That's a 34% decrease in rent.

Compared to the rest of the Denver Metro market, the Cherry Creek North submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Cherry Creek North Listing Supply

In the last 90 days, 3 listings have come on the market, which means spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,720 sqft. Most buildings in this area are around 6 floors. Most buildings in this market were built in 1992 and are Class A.

Cherry Creek North Community

Arts, entertainment, and restaurants are the dominant industries in this market. Commute by walking is the most popular way to get to work amongst Cherry Creek North folk. 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 Cherry Creek North.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Cherry Creek North.
Research