On average, listings lease in the $10's per square foot per year. The Downtown Grand Junction submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $11 per sqft per year. That's a 39% decrease in rent.
In the last 90 days, 3 listings have been made available, which means spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 1,340 sqft. Most properties in this area are around 2 floors. Most buildings in this region were built in 1945 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Downtown Grand Junction residents. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.