Downtown Colorado Springs Office Space

Downtown Colorado Springs

Office Space Market Report

Number of Listings (last 90 days)
38
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
2,500
As of: January 23, 2017

Downtown Colorado Springs Rates

Most listings are in the $10's per square foot per year. The Downtown Colorado Springs submarket is seeing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 3% decrease in rent.

Downtown Colorado Springs Listing Supply

In the last 90 days, 40 listings have been made available, which means spaces most likley are going fast. You'll want to be prepared to make an offer immediately. About 5% of the available leases in the Downtown Colorado Springs are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 2,540 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are approximately 2 stories. Most buildings in this area were built in 1903 and are Class Class B.

Downtown Colorado Springs Community

A large portion of this market is residential, but there's plenty of office_space. Wholesale trade is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Downtown Colorado Springs folk. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Downtown Colorado Springs.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown Colorado Springs.
Research