Most listings are in the $20's per square foot per year. The Academy Park region is seeing a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 11% decrease in rent.
Compared to the rest of the Denver Metro market, the Academy Park region has smaller rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 7 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. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 14,250 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are approximately 5 floors. Most buildings in this market were built in 1982 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this area. Commute by car is the most popular way to get to work amongst Academy Park folk. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.