Speer Retail

Speer

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
1,590
As of: June 26, 2017

Speer Rates

Most listings are in the $30's per square foot per year. The Speer submarket is going through a an increase in rates. In the last 3 months, the median rate increased $32 per sqft per year.

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

Speer Listing Supply

In the last 90 days, 3 listings have come on the market, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 100% of the office spaces in the Speer are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 1,590 sqft. Most properties in this area are around 3 stories. Most buildings in this market 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 region. 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