The typical asking rate per listing is in the $20's per square foot per year. The Southeast Westminster region is seeing a decline in rates. In the last 3 months, the median rate decreased $0 per sqft per year. That's a 0% decrease in rent.
Compared to the rest of the Denver Metro market, the Southeast Westminster submarket has lower rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 14 listings have come on the market, which means leases 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 Southeast Westminster 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.
The standard measurement for office space in this area is around 2,160 sqft. Most properties in this region are around 2 floors. Most buildings in this region were built in 1986 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Southeast Westminster residents. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.