The typical asking rate per listing is in the $20's per square foot per year. The Broadway Estates submarket is going through a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 11% decline in rent.
Compared to the rest of the Denver Metro market, the Broadway Estates region has smaller rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 4 listings have come on the market, which means 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.
The standard measurement for office space in this area is around 1,460 sqft. Most buildings in this market are approximately 2 floors. Most buildings in this region were built in 1978 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this area. Commute by public transit is the most popular way to get to work amongst Broadway Estates occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.