Most listings are in the $30's per square foot per year. The Cherry Creek North submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 12% increase in rent.
Compared to the rest of the Denver Metro market, the Cherry Creek North submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 11 listings have been listed, which means new availabilities might be leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,820 sqft. Most properties in this region are approximately 8 stories. Most buildings in this area were built in 1999 and are Class A.
Arts, entertainment, and restaurants are the dominant industries in this area. Commute by walking is the most popular way to get to work amongst Cherry Creek North occupants. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.