The typical asking rate per listing is in the $30's per square foot per year. The Union Square region is going through a an increase in rates. In the last 3 months, the median rate went up $4 per sqft per year. That's a 14% rise in rent.
Compared to the rest of the Denver Metro market, the Union Square submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 52 listings have been made available, so you'll want to check back regularly for new listings. About 6% of the available space in the Union Square are subleases, so you will probably have to consider a longer term lease. 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 2,670 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area 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 market. 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.