On average, listings lease in the $10's per square foot per year. The Sheridan submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $16 per sqft per year.
Compared to the rest of the Denver Metro market, the Sheridan region has smaller rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 2 listings have been listed, which means office spaces are probably going fast. You'll want to be prepared to make an offer immediately. About 150% of the office spaces in the Sheridan are subleases, so you might be able to find a shorter term or below market rent. 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 2,320 sqft. Most properties in this area are close to 1 stories. Most buildings in this market were built in 1980 and are Class C.