Downtown Grand Junction Office Space

Downtown Grand Junction

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
1,760
As of: August 21, 2017

Downtown Grand Junction Rates

Most listings are in the $20's per square foot per year. The Downtown Grand Junction submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 19% decline in rent.

Downtown Grand Junction Listing Supply

In the last 90 days, 3 listings have been posted online, which means listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 133% of the available leases in the Downtown Grand Junction are subleases, so you might be able to find a shorter term or below market rent. 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 1,760 sqft. Most buildings in this area are around 1 stories. Most buildings in this region were built in 1929 and are Class B.

Downtown Grand Junction Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Downtown Grand Junction residents. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Downtown Grand Junction.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown Grand Junction.
Research