Glendale Sublease

Glendale

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$34
Median Size (sqft)
2,690
As of: July 22, 2017

Glendale Rates

The typical asking rate per listing is in the $30's per square foot per year. The Glendale region is seeing a a boost in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 2% increase in rent.

Compared to the rest of the Denver Metro market, the Glendale region has greater rates, and you'll need to pay a premium to be in this hot region.

Glendale Listing Supply

In the last 90 days, 6 listings have come on the market, which means office spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 117% of the available leases in the Glendale 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 2,600 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are approximately 14 floors. Most buildings in this market were built in 1980 and are Class B.

Glendale Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Glendale folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Glendale.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Glendale.
Research

Glendale Submarkets