LoDo 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.

LoDo

Office Space Market Report

Number of Listings (last 90 days)
52
Median Rate ($/sqft/yr)
$44
Median Size (sqft)
4,820
As of: December 10, 2016

LoDo Rates

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.

LoDo Listing Supply

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.

LoDo Community

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.

Market Report

Trends and status of the commercial real estate market in LoDo.
Market Report

Market Data

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