Most listings are in the $20's per square foot per year. The Union Square submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 5% decrease in rent.
Compared to the rest of the Denver Metro market, the Union Square region has lower rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 19 listings have come on the market, which means new availabilities most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 53% of the available space in the Union Square are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 2,750 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are around 4 stories. Most buildings in this region were built in 1982 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this area. Most of the folk of Union Square work from home. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.