The typical asking rate per listing is in the $40's per square foot per year. The LoDo submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 1% decrease in rent.
In the last 90 days, 50 listings have been posted online, so you'll want to check back regularly for new listings. About 8% of the office spaces in the LoDo are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 5,710 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are around 7 stories. Most buildings in this region were built in 1963 and are Class B.
This area 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.