Broomfield Sublease

Broomfield

Office Space Market Report

Number of Listings (last 90 days)
23
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
3,500
As of: January 23, 2017

Broomfield Rates

The typical asking rate per listing is in the $10's per square foot per year. The Broomfield submarket is going through a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 6% decrease in rent.

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

Broomfield Listing Supply

In the last 90 days, 25 listings have come on the market, which means office spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 8% of the available leases in the Broomfield are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 3,500 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are approximately 3 floors. Most buildings in this region were built in 1999 and are Class A.

Broomfield Community

Market Report

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

Market Data

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

Broomfield Submarkets