Most listings are in the $30's per square foot per year. The Central Business District submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 8% increase in rent.
Compared to the rest of the Denver Metro market, the Central Business District region has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 57 listings have come on the market, so you'll want to check back regularly for new listings. About 160% of the listings in the Central Business District are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 5,710 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are close to 14 floors. Most buildings in this region were built in 1973 and are Class B.
Waste services is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Central Business District folk. Commuting around an hour and a half a day is the norm for those who opt to reside in this part of town.