On average, listings lease in the $30's per square foot per year. The Washington Park West region is experiencing a an increase in rates. In the last 3 months, the median rate increased $40 per sqft per year.
Compared to the rest of the Denver Metro market, the Washington Park West submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 5 listings have been made available, which means leases might be going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 4,840 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area were built in 1950 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this market. Most of the occupants of Washington Park West work from home. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.