On average, listings lease in the $10's per square foot per year. The Colorado Springs Airport submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 21% decline in rent.
In the last 90 days, 5 listings have come on the market, which means leases might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 80% of the available space in the Colorado Springs Airport 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.
Even though the median size is 2,530 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are around 1 stories. Most buildings in this region were built in 1983 and are Class A.
Health care is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Colorado Springs Airport residents. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.