On average, listings lease in the $10's per square foot per year. The Arvada Plaza Area submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 15% decline in rent.
Compared to the rest of the Denver Metro market, the Arvada Plaza Area region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 2 listings have been made available, which means new listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. 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 4,200 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are around 2 stories. Most buildings in this area were built in 1984.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this market. Most of the folk of Arvada Plaza Area work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.