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.
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.
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.