On average, listings lease in the $30's per square foot per year. The Washington Park West region is going through a a boost in rates. In the last 3 months, the median rate rose $40 per sqft per year.
Compared to the rest of the Denver Metro market, the Washington Park West region has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 4 listings have come on the market, which means listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 4,840 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market 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. Professional services is the dominant industry in this region. Most of the residents of Washington Park West work from home. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.