On average, listings lease in the $20's per square foot per year. The Downtown Colorado Springs submarket is seeing a a boost in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 13% rise in rent.
In the last 90 days, 39 listings have been posted online, which means listings most likley are going fast. You'll want to be prepared to make an offer immediately. About 3% of the office spaces in the Downtown Colorado Springs are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,780 sqft. Most properties in this market are close to 2 floors. Most buildings in this region were built in 1901 and are Class Class B.
This region is fairly equally mixed residential and commercial. Wholesale trade is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Downtown Colorado Springs occupants. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.