On average, listings lease in the $30's per square foot per year. The LoDo region is seeing a decline in rates. In the last 3 months, the median rate decreased $9 per sqft per year. That's a 21% decline in rent.
In the last 90 days, 26 listings have been made available, which means leases might be going fast. You'll want to be prepared to make an offer immediately. About 27% of the available space in the LoDo are subleases, so you might be able to snag a great spot on a short term. 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 5,410 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are close to 6 floors. Most buildings in this area were built in 1973 and are Class B.
This market is fairly equally mixed residential and commercial. Waste services is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst LoDo folk. Commuting around an hour a day is the norm for those who opt to reside in this part of town.