Downtown Colorado Springs Sublease

Downtown Colorado Springs

Office Space Market Report

Number of Listings (last 90 days)
35
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
1,780
As of: December 8, 2016

Downtown Colorado Springs Rates

On average, listings lease in the $20's per square foot per year. The Downtown Colorado Springs submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 13% increase in rent.

Downtown Colorado Springs Listing Supply

In the last 90 days, 35 listings have been posted online, which means leases most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 3% of the available leases in the Downtown Colorado Springs are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,780 sqft. Most properties in this region are close to 2 floors. Most buildings in this market were built in 1901 and are Class Class B.

Downtown Colorado Springs Community

This area is fairly equally mixed residential and commercial. Wholesale trade is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Downtown Colorado Springs residents. Commuting under 5 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 Downtown Colorado Springs.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown Colorado Springs.
Research