The typical asking rate per listing is in the $50's per square foot per year. The Auraria submarket is experiencing a an increase in rates. In the last 3 months, the median rate rose $53 per sqft per year.
Compared to the rest of the Denver Metro market, the Auraria submarket has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 5 listings have been listed, which means new listings are probably going fast. You'll want to be prepared to make an offer immediately. 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 1,850 sqft. Most buildings in this region were built in 1982 and are Class B.
A large portion of this market is residential, but there's plenty of office_space. Education is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Auraria folk. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.