On average, listings lease in the $20's per square foot per year. The Academy Park submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 6% increase in rent.
Compared to the rest of the Denver Metro market, the Academy Park region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 4 listings have been listed, which means leases most likley are going fast. You'll want to be prepared to make an offer immediately. About 25% of the available space in the Academy Park 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.
The standard measurement for office space in this area is around 2,110 sqft. Most properties in this area are around 5 stories. Most buildings in this area 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 market. 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.