Most listings are in the $30's per square foot per year. The Central Business District region is going through a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 2% decline in rent.
Compared to the rest of the Denver Metro market, the Central Business District submarket has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 57 listings have been made available, so you'll want to check back regularly for new listings. About 12% of the available leases in the Central Business District are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 5,340 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are around 14 stories. Most buildings in this region were built in 1973 and are Class B.
Waste services is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Central Business District occupants. Commuting around an hour and a half a day is the norm for those who opt to reside in this part of town.