On average, listings lease in the $30's per square foot per year. The Downtown Boulder region is seeing a decrease in rates. In the last 3 months, the median rate decreased $8 per sqft per year. That's a 19% decrease in rent.
In the last 90 days, 15 listings have been made available, which means listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 47% of the office spaces in the Downtown Boulder are subleases, so you might be able to find a shorter term or below market rent. 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 3,550 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are around 3 floors. Most buildings in this area were built in 1981 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Arts, entertainment, and restaurants are the dominant industries in this market. Commute by public transit is the most popular way to get to work amongst Downtown Boulder residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.