Downtown Grand Junction Retail

Downtown Grand Junction

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
1,340
As of: August 17, 2017

Downtown Grand Junction Rates

The typical asking rate per listing is in the $10's per square foot per year. The Downtown Grand Junction region is going through a decline in rates. In the last 3 months, the median rate decreased $11 per sqft per year. That's a 39% decrease in rent.

Downtown Grand Junction Listing Supply

In the last 90 days, 3 listings have been listed, which means new availabilities are probably going fast. You'll want to be prepared to make an offer immediately. About 100% of the listings in the Downtown Grand Junction 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 1,340 sqft. Most buildings in this area are approximately 1 floors. Most buildings in this market were built in 1929 and are Class B.

Downtown Grand Junction Community

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 occupants. Commuting close to 30 minutes 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 Downtown Grand Junction.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown Grand Junction.
Research