Downtown 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.

Downtown Denver

Office Space Market Report

Number of Listings (last 90 days)
143
Median Rate ($/sqft/yr)
$34
Median Size (sqft)
3,000
As of: May 19, 2017

Downtown Denver Rates

The typical asking rate per listing is in the $30's per square foot per year. The Downtown Denver region is experiencing a an increase in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 6% increase in rent.

Downtown Denver Listing Supply

In the last 90 days, 143 listings have been listed, so you'll want to check back regularly for new listings. About 6% of the office spaces in the Downtown 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 3,000 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are around 9 floors. Most buildings in this market were built in 1970 and are Class B.

Downtown Denver Community

This market is fairly equally mixed residential and commercial. Finance and insurance are the dominant industries in this region. Most of the occupants of Downtown Denver work from home. Commuting between 30 and 45 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 Downtown Denver.
Market Report

Market Data

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