On average, listings lease in the $30's per square foot per year. The LoDo submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $7 per sqft per year. That's a 17% decrease in rent.
In the last 90 days, 49 listings have been posted online, so you'll want to check back regularly for new listings. About 12% of the office spaces in the LoDo are subleases, so you might be able to sign a shorter term by taking over a previous 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 4,860 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are around 6 floors. Most buildings in this area were built in 1973 and are Class B.
This area is fairly equally mixed residential and commercial. Waste services is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst LoDo occupants. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.