Civic Center Industrial

Civic Center

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$33
Median Size (sqft)
6,200
As of: August 15, 2017

Civic Center Rates

On average, listings lease in the $30's per square foot per year. The Civic Center 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% increase in rent.

Compared to the rest of the Denver Metro market, the Civic Center submarket has more expensive rates, and you'll need to make a great offer to be in this hot region.

Civic Center Listing Supply

In the last 90 days, 6 listings have come on the market, which means office spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 133% of the available space in the Civic Center 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 6,200 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are approximately 2 stories. Most buildings in this market were built in 1965 and are Class B.

Civic Center Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Civic Center residents. Commuting between 30 and 45 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 Civic Center.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Civic Center.
Research