On average, listings lease in the $30's per square foot per year. The Inverness region is experiencing a an increase in rates. In the last 3 months, the median rate rose $8 per sqft per year. That's a 32% increase in rent.
Compared to the rest of the Denver Metro market, the Inverness region has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 13 listings have been made available, which means spaces might be going fast. You'll want to be prepared to make an offer immediately. About 8% of the available leases in the Inverness are subleases, so you will probably have to focus your search on direct office leases. 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 6,900 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are approximately 2 floors. Most buildings in this area were built in 1990 and are Class A.
This market is fairly equally mixed residential and commercial. Manufacturing is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Inverness residents. Commuting around an hour and a half a day is the norm for those who opt to reside in this part of town.