Denver Market Status

Median Rate
$34
/sqft/yr
Since 90 days ago
$26
/sqft/yr
Median Size
3,360
sqft

Concentration of Listing Postings in Denver

Denver Rates

Most listings are in the $30's per square foot per year. The Denver region is seeing a a rise in rates. In the last 3 months, the median rate went up $34 per sqft per year.

Compared to the rest of the Denver Metro market, the Denver submarket has higher rates, and you'll need to pay a premium to be in this hot submarket.

Denver Listing Supply

In the last 90 days, 358 listings have been posted online, so you'll want to check back regularly for new listings. About 126% of the office spaces in the Denver 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 3,400 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are approximately 4 stories. Most buildings in this area were built in 1973 and are Class B.

Denver Community

Subleases

92%
Subleases

Under 5000 sqft

0%
Under 5000 sqft

Top Submarkets

Rate/sqft/yr Listing Inventorylast 90 days
1. Downtown Denver $26 1,626,800 sqft
2. Montbello $16 317,620 sqft
3. Hampden South $28 309,310 sqft
4. Lowry Field $25 139,380 sqft
5. Kennedy $19 117,310 sqft
6. Five Points $28 115,940 sqft
7. Hampden $22 112,810 sqft
8. Lincoln Park $26 99,300 sqft
9. Cherry Creek $22 63,490 sqft
10. Gateway $ 62,970 sqft

Listing Rates

Average Asking Rate Over Time (/sqft/yr)

Historical rate data provided by JLL.

Listing Rates by Submarket