On average, listings lease in the $20's per square foot per year. The Academy Park region is experiencing a an increase in rates. In the last 3 months, the median rate went up $24 per sqft per year.
Compared to the rest of the Denver Metro market, the Academy Park submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 7 listings have come on the market, which means office spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 43% of the available leases in the Academy Park 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 available, so finding a space for a small business might be tough.
Even though the median size is 14,250 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are around 5 floors. Most buildings in this market were built in 1982 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this region. Commute by car is the most popular way to get to work amongst Academy Park folk. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.