Broomfield Sublease

Broomfield

Office Space Market Report

Number of Listings (last 90 days)
8
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
10,420
As of: September 24, 2016

Broomfield Rates

On average, listings lease in the $20's per square foot per year. The Broomfield submarket is going through a a boost in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 6% increase in rent.

Compared to the rest of the Denver Metro market, the Broomfield submarket has lower rates, so you should have no trouble finding a great deal in this depreciated region.

Broomfield Listing Supply

In the last 90 days, 8 listings have come on the market, which means office spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 38% of the available leases in the Broomfield 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 9,940 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are around 4 stories. Most buildings in this area were built in 1999 and are Class A.

Broomfield Community

Broomfield Submarkets