Most listings are in the $20's per square foot per year. The Academy Park region is experiencing a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 11% decline in rent.
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 region.
In the last 90 days, 7 listings have come on the market, which means office spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 14% of the listings 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 14,250 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are approximately 5 stories. 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 approximately 15 minutes a day is the norm for those who opt to reside in this part of town.