On average, listings lease in the $30's per square foot per year. The Downtown Denver submarket is seeing a decline in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 9% decline in rent.
In the last 90 days, 143 listings have come on the market, so you'll want to check back regularly for new listings. About 8% of the office spaces in the Downtown 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 5,340 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are around 9 stories. Most buildings in this market were built in 1972 and are Class B.
This area is fairly equally mixed residential and commercial. Finance and insurance are the dominant industries in this market. Most of the residents of Downtown Denver work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.