Cherry Creek Retail

Cherry Creek

Office Space Market Report

Number of Listings (last 90 days)
21
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
1,400
As of: June 22, 2017

Cherry Creek Rates

Most listings are in the $20's per square foot per year. The Cherry Creek region is going through a an increase in rates. In the last 3 months, the median rate went up $28 per sqft per year.

Compared to the rest of the Denver Metro market, the Cherry Creek submarket has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.

Cherry Creek Listing Supply

In the last 90 days, 21 listings have been listed, which means office spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 81% of the available space in the Cherry Creek 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 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 1,400 sqft. Most properties in this market are approximately 6 stories. Most buildings in this region were built in 1982 and are Class A.

Cherry Creek Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Cherry Creek occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

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

Market Data

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