On average, listings lease in the $10's per square foot per year. The Northeast Colorado Springs submarket is seeing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 4% decrease in rent.
In the last 90 days, 64 listings have been posted online, so you'll want to check back regularly for new listings. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,420 sqft. Most properties in this market are around 2 floors. Most buildings in this area were built in 1969 and are Class Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this region. Commute by motorcycle is the most popular way to get to work amongst Northeast Colorado Springs folk. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.