Central Denver Sublease

1610 Little Raven St Unit 135 (Floor 1)
Downtown Denver, Denver, CO
We have a 3,172 square foot, ground floor, open plan office space located steps from Commons Park and Union Station available for immediate lease. This is a fantastic location - right at the base of the Millennium Bridge, adjacent to Commons Park, two blocks from the 16th Street Mall Shuttle and Union Station, and close to tons of shops and restaurants downtown and on Platte Street. Get all of the benefits of a downtown location without the hassle of being in downtown proper! The office itself has a triangular floor plan with a large open work area, two conference rooms (one open, one fully enclosed), a kitchenette, three bathrooms (including one with a full shower), three storage rooms and a lobby area. The space is currently furnished with conference room furniture, conference room A/V with flat screen TVs, a ceiling-mounted projector and PA system, standing desks, couches, two full refrigerators, a drink refrigerator, microwave ovens, and a large kitchen table with benches. Furnishings are not included in the lease but would be open to purchase for an entirely turnkey move-in. Parking is not available on-premises, though there are a number of daily and monthly options available in the immediate vicinity. Two hour street parking in the area is available as well. A fast Comcast Business Fiber internet connection is available for transfer, along with high-volume Cisco Meraki access points and a Cisco ASA firewall. Rent is $22.55/SF/year, NNN, with an annual increase of 2.5%. Lease runs through January 2020 but longer terms may be negotiated. The space is a part of The Shops at Riverfront Park, a 32,059 SF multi-tenant property located in Denver, Colorado. The property is in the center of the downtown Denver urban core and is a master-planned community comprised primarily of high rise residential, condominium, loft and apartment living with first floor retail. The community includes three properties; Riverfront Tower, Promenade Lofts and Park Plaza, all of which are clustered at the base of the Millennium Bridge which links Riverfront Park with Union Station and downtown Denver.

Central Denver

Office Space Market Report

Number of Listings (last 90 days)
181
Median Rate ($/sqft/yr)
$38
Median Size (sqft)
2,970
As of: December 7, 2016

Central Denver Rates

Most listings are in the $30's per square foot per year. The Central Denver region is seeing a an increase in rates. In the last 3 months, the median rate increased $0 per sqft per year. That's a 0% rise in rent.

Compared to the rest of the Denver Metro market, the Central Denver submarket has higher rates, and you'll need to pay a premium to be in this hot region.

Central Denver Listing Supply

In the last 90 days, 181 listings have been listed, so you'll want to check back regularly for new listings. About 6% of the office spaces in the Central Denver are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 2,970 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are approximately 6 floors. Most buildings in this market were built in 1967 and are Class B.

Central Denver Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this area. Commute by taxi is the most popular way to get to work amongst Central Denver folk. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Central Denver.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Central Denver.
Research