Most listings are in the $30's per square foot per year. The Speer submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 14% decline in rent.
Compared to the rest of the Denver Metro market, the Speer submarket has higher rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 14 listings have been listed, which means leases are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 7% of the listings in the Speer are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,960 sqft. Most buildings in this market are close to 4 stories. Most buildings in this region were built in 1950 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this market. Commute by taxi is the most popular way to get to work amongst Speer occupants. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.