Speer Retail

Speer

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$44
Median Size (sqft)
200
As of: August 19, 2017

Speer Rates

Most listings are in the $40's per square foot per year. The Speer submarket is experiencing a a boost in rates. In the last 3 months, the median rate rose $12 per sqft per year. That's a 38% rise in rent.

Compared to the rest of the Denver Metro market, the Speer submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot region.

Speer Listing Supply

In the last 90 days, 3 listings have come on the market, which means listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 33% of the available space in the Speer are subleases, so you might be able to snag a great spot on a short term. 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 200 sqft. Most properties in this market are approximately 3 floors. Most buildings in this area were built in 1950 and are Class B.

Speer Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this area. Commute by taxi is the most popular way to get to work amongst Speer residents. Commuting more than an hour and a half 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 Speer.
Market Report

Market Data

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