On average, listings lease in the $30's per square foot per year. The Central Denver region is experiencing a decrease in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 5% decrease in rent.
Compared to the rest of the Denver Metro market, the Central Denver region has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 188 listings have been made available, so you'll want to check back regularly for new listings. About 4% of the available leases in the Central Denver 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 available, so finding a space for a small business might be tough.
Even though the median size is 3,120 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are around 6 stories. Most buildings in this region were built in 1966 and are Class B.
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 market. 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.