On average, listings lease in the $50's per square foot per year. The Auraria submarket is experiencing a a rise in rates. In the last 3 months, the median rate went up $53 per sqft per year.
Compared to the rest of the Denver Metro market, the Auraria submarket has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 5 listings have come on the market, which means listings most likley are going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,850 sqft. Most buildings in this market were built in 1982 and are Class B.
A large portion of this region is residential, but there's plenty of office_space. Education is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Auraria residents. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.