On average, listings lease in the $30's per square foot per year. The Speer region is going through a decline in rates. In the last 3 months, the median rate decreased $15 per sqft per year. That's a 33% decrease in rent.
Compared to the rest of the Denver Metro market, the Speer submarket has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 3 listings have been made available, which means leases are probably going fast. You'll want to be prepared to make an offer immediately. 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 1,590 sqft. Most properties in this area are approximately 4 stories. Most buildings in this market were built in 1954 and are Class B.
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 folk. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.