Speer Retail

Speer

Office Space Market Report

Number of Listings (last 90 days)
8
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
1,960
As of: February 19, 2017

Speer Rates

Most listings are in the $30's per square foot per year. The Speer region is experiencing a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 2% decline 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 region.

Speer Listing Supply

In the last 90 days, 8 listings have been made available, which means listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 13% of the listings in the Speer 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,960 sqft. Most buildings in this region are around 4 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 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.

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