On average, listings lease in the $30's per square foot per year. The Central Business District submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 4% rise in rent.
Compared to the rest of the Denver Metro market, the Central Business District region has more expensive rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 48 listings have been posted online, so you'll want to check back regularly for new listings. About 15% of the available leases in the Central Business District 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 5,990 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are around 14 floors. Most buildings in this region were built in 1973 and are Class B.
Waste services is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Central Business District folk. Commuting approximately an hour and a half a day is the norm for those who opt to reside in this part of town.