Colorado Sublease

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1610 Little Raven St Unit 135 (Floor 1)
Downtown Denver, Denver, CO
We have a 3,172 square foot, ground floor, open plan office space located steps from Commons Park and Union Station available for immediate lease. This is a fantastic location - right at the base of the Millennium Bridge, adjacent to Commons Park, two blocks from the 16th Street Mall Shuttle and Union Station, and close to tons of shops and restaurants downtown and on Platte Street. Get all of the benefits of a downtown location without the hassle of being in downtown proper! The office itself has a triangular floor plan with a large open work area, two conference rooms (one open, one fully enclosed), a kitchenette, three bathrooms (including one with a full shower), three storage rooms and a lobby area. The space is currently furnished with conference room furniture, conference room A/V with flat screen TVs, a ceiling-mounted projector and PA system, standing desks, couches, two full refrigerators, a drink refrigerator, microwave ovens, and a large kitchen table with benches. Furnishings are not included in the lease but would be open to purchase for an entirely turnkey move-in. Parking is not available on-premises, though there are a number of daily and monthly options available in the immediate vicinity. Two hour street parking in the area is available as well. A fast Comcast Business Fiber internet connection is available for transfer, along with high-volume Cisco Meraki access points and a Cisco ASA firewall. Rent is $22.55/SF/year, NNN, with an annual increase of 2.5%. Lease runs through January 2020 but longer terms may be negotiated. The space is a part of The Shops at Riverfront Park, a 32,059 SF multi-tenant property located in Denver, Colorado. The property is in the center of the downtown Denver urban core and is a master-planned community comprised primarily of high rise residential, condominium, loft and apartment living with first floor retail. The community includes three properties; Riverfront Tower, Promenade Lofts and Park Plaza, all of which are clustered at the base of the Millennium Bridge which links Riverfront Park with Union Station and downtown Denver.

Colorado

Office Space Market Report

Number of Listings (last 90 days)
1,487
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
2,040
As of: September 25, 2016

Colorado Rates

The typical asking rate per listing is in the $20's per square foot per year. The Colorado submarket is seeing a a boost in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 6% rise in rent.

Colorado Listing Supply

In the last 90 days, 1535 listings have been posted online, so you'll want to check back regularly for new listings. About 5% of the office spaces in the Colorado are subleases, so you will probably have to consider a longer term lease. 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 2,060 sqft. Most buildings in this area are close to 2 stories. Most buildings in this market were built in 1980 and are Class B.

Colorado Community