On average, listings lease in the $30's per square foot per year. The Northeast Westminster submarket is seeing a a boost in rates. In the last 3 months, the median rate rose $11 per sqft per year. That's a 36% rise in rent.
Compared to the rest of the Denver Metro market, the Northeast Westminster region has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 1 listings have come on the market, which means office spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 600% of the available space in the Northeast Westminster 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 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 2,070 sqft. Most buildings in this market are around 3 stories. Most buildings in this area were built in 2001 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Northeast Westminster residents. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.