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If rents are high and interest rates are low, you may decide that purchasing office space is a better option for you financially than renting. Additionally, evaluate your cash flow situation. Buying office space can require a docHub cash outlay upfront.
How much does it cost to rent an office space in Colorado?
What is the average size and rental rate for a rentable office space in Denver, CO? Currently, the average size of rentable office availabilities in Denver, CO is 181,721 square feet, with a mean lease rate of approximately $33.82 per square foot.
What does $/ SF yr mean?
In the commercial leasing industry, $/SF/year or $/SF/yr means the rent per square foot per year. Why is this important? This is because most commercial rental rates are usually quoted in dollars per square foot on an annual basis. Lets look at this through an example.
What are examples of commercial spaces?
Commercial property includes office buildings, medical centers, hotels, malls, retail stores, multifamily housing buildings, farm land, warehouses, and garages.
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We lease space within our commercial buildings. We issue ground leases. Interested in doing business with us? Contact Julie Majors, Real Estate Portfolio
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