On average, listings lease in the $30's per square foot per year. The Northeast Westminster region is seeing a an increase in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 9% rise in rent.
Compared to the rest of the Denver Metro market, the Northeast Westminster region has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 1 listings have come on the market, which means new listings most likley are 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 4,180 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are close to 3 stories. Most buildings in this area were built in 2001 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Northeast Westminster folk. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.