On average, listings lease in the $30's per square foot per year. The Commons South submarket is going through a an increase in rates. In the last 3 months, the median rate went up $32 per sqft per year.
Compared to the rest of the Denver Metro market, the Commons South region has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 0 listings have been listed, which means new listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About Inf% of the available space in the Commons South 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,850 sqft. Most buildings in this market were built in 1981 and are Class B.
Public administration is the dominant industry in this market. Most of the residents of Commons South work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.