On average, listings lease in the $10's per square foot per year. The Longmont submarket is seeing a decline in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 20% decline in rent.
In the last 90 days, 26 listings have been listed, which means new listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 8% of the listings in the Longmont are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 2,990 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this region were built in 1985 and are Class B.