On average, listings lease in the $30's per square foot per year. The Glendale region is seeing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 4% decline in rent.
Compared to the rest of the Denver Metro market, the Glendale submarket has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 6 listings have come on the market, which means listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 17% of the listings in the Glendale are subleases, so you might be able to find a shorter term or below market rent. 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 3,750 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are approximately 14 stories. Most buildings in this area were built in 1980 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Glendale residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.