Centennial Office Space

Centennial

Office Space Market Report

Number of Listings (last 90 days)
49
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
2,010
As of: May 22, 2017

Centennial Rates

On average, listings lease in the $20's per square foot per year. The Centennial region is seeing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 6% decline in rent.

Compared to the rest of the Denver Metro market, the Centennial submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.

Centennial Listing Supply

In the last 90 days, 49 listings have been made available, so you'll want to check back regularly for new listings. About 2% of the available leases in the Centennial are subleases, so you will probably have to consider a longer term 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 2,010 sqft. Most buildings in this area are close to 2 stories. Most buildings in this area were built in 1985 and are Class B.

Centennial Community

Market Report

Trends and status of the commercial real estate market in Centennial.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Centennial.
Research