On average, listings lease in the $30's per square foot per year. The Central Denver submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 4% increase in rent.
Compared to the rest of the Denver Metro market, the Central Denver region has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 185 listings have been posted online, so you'll want to check back regularly for new listings. About 81% of the listings in the Central Denver are subleases, so you might be able to snag a great spot on a short term. 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 4,020 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are close to 6 floors. Most buildings in this market were built in 1965 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 occupants. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.