On average, listings lease in the $40's per square foot per year. The Speer submarket is going through a a boost in rates. In the last 3 months, the median rate went up $12 per sqft per year. That's a 38% rise in rent.
Compared to the rest of the Denver Metro market, the Speer region has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 3 listings have been listed, which means new listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 33% of the office spaces in the Speer are subleases, so you might be able to snag a great spot on a short term. 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 200 sqft. Most buildings in this market are close to 3 floors. 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 area. Commute by taxi is the most popular way to get to work amongst Speer folk. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.