On average, listings lease in the $20's per square foot per year. The South Alameda submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $13 per sqft per year. That's a 38% decline in rent.
Compared to the rest of the Denver Metro market, the South Alameda region has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 6 listings have been posted online, which means new availabilities might be 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 1,440 sqft. Most buildings in this market are close to 7 stories. Most buildings in this area were built in 2004 and are Class A.
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 car is the most popular way to get to work amongst South Alameda occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.