Downtown Grand Junction Industrial

Downtown Grand Junction

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
1,340
As of: July 19, 2017

Downtown Grand Junction Rates

On average, listings lease in the $10's per square foot per year. The Downtown Grand Junction region is experiencing a decline in rates. In the last 3 months, the median rate decreased $11 per sqft per year. That's a 39% decline in rent.

Downtown Grand Junction Listing Supply

In the last 90 days, 3 listings have been posted online, which means new availabilities most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 233% of the available space in the Downtown Grand Junction 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 3,000 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are around 2 stories. Most buildings in this area were built in 1945 and are Class B.

Downtown Grand Junction Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Downtown Grand Junction folk. Commuting approximately 30 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 Downtown Grand Junction.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown Grand Junction.
Research