On average, listings lease in the $30's per square foot per year. The LoDo submarket is going through a decline in rates. In the last 3 months, the median rate decreased $7 per sqft per year. That's a 15% decrease in rent.
In the last 90 days, 50 listings have come on the market, so you'll want to check back regularly for new listings. About 50% of the available space in the LoDo 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,220 sqft. Most buildings in this region are approximately 7 floors. Most buildings in this market were built in 1963 and are Class B.
This market is fairly equally mixed residential and commercial. Waste services is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst LoDo occupants. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.