The typical asking rate per listing is in the $10's per square foot per year. The Downtown Colorado Springs submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 9% decrease in rent.
In the last 90 days, 48 listings have been made available, so you'll want to check back regularly for new listings. About 4% 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,500 sqft. Most properties in this region are close to 2 stories. Most buildings in this region were built in 1905 and are Class Class B.
This market is fairly equally mixed residential and commercial. Wholesale trade is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Downtown Colorado Springs folk. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.