Centennial Retail

Centennial

Office Space Market Report

Number of Listings (last 90 days)
49
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
2,550
As of: July 22, 2017

Centennial Rates

The typical asking rate per listing is in the $20's per square foot per year. The Centennial region is going through a an increase in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 6% rise in rent.

Compared to the rest of the Denver Metro market, the Centennial region has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.

Centennial Listing Supply

In the last 90 days, 49 listings have been posted online, so you'll want to check back regularly for new listings. About 90% of the office spaces in the Centennial are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 2,550 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are approximately 2 stories. Most buildings in this market were built in 1985 and are Class B.

Centennial Community

Market Report

Trends and status of the commercial real estate market in Centennial.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Centennial.
Research