Most listings are in the $20's per square foot per year. The Cherry Creek North submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $28 per sqft per year.
Compared to the rest of the Denver Metro market, the Cherry Creek North submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 11 listings have been listed, which means listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 100% of the listings in the Cherry Creek North are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,450 sqft. Most buildings in this region are approximately 8 stories. Most buildings in this market were built in 1999 and are Class A.
Arts, entertainment, and restaurants are the dominant industries in this region. Commute by walking is the most popular way to get to work amongst Cherry Creek North residents. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.