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Commercial Real Estate in Denver, CO - 729 Properties Available

  • The Capitol Center - Denver
    225 East 16th Avenue, Uptown Denver, Denver, CO 80203
    For Lease $17 - $21.75/Sqft/Yearly
    Property
    • Office
    Availability
    • 10 Spaces
    • 62,843 Sqft
  • Ptarmigan at Cherry Creek - Denver
    3773 Cherry Creek Drive North, Belcaro, Denver, CO 80209
    For Lease $29 - $31/Sqft/Yearly
    Property
    • Office
    Availability
    • 6 Spaces
    • 35,545 Sqft
  • 1600 Broadway - Denver
    1600 Broadway, Uptown Denver, Denver, CO 80202
    For Lease $22 - $24/Sqft/Yearly
    Property
    • Office
    Availability
    • 8 Spaces
    • 29,357 Sqft
  • Lowry Medical Plaza & Lowry Medical Center - Denver
    8101 East Lowry Blvd, Lowry Field, Denver, CO 80230
    For Lease $23.5/Sqft/Yearly
    Property
    • Office
    Availability
    • 5 Spaces
    • 17,578 Sqft
  • Rampart Campus - Denver
    125 Rampart Way, Lowry Field, Denver, CO 80230
    For Lease $35/Sqft/Yearly
    Property
    • Office
    Availability
    • 2 Spaces
    • 11,106 Sqft
  • 2800 Walnut St- Bldg  2 - Denver
    2800 Walnut Street, Rino Denver, Denver, CO 80205
    Contact for pricing
    Property
    • Office
    Availability
    • 2 Spaces
    • 10,413 Sqft
  • Monaco Tower - Denver
    925 South Niagara Street, Washington Virginia Vale, Denver, CO 80224
    For Lease $14 - $15/Sqft/Yearly
    Property
    • Office
    Availability
    • 6 Spaces
    • 7,299 Sqft
  • The LAB - Denver
    2420 17th Street, Highland, Denver, CO 80202
    Contact for pricing
    Property
    • Office
    Availability
    • 1 Space
    • 4,558 Sqft
  • One DTC West - Denver
    4949 South Niagara Street, Southmoor Park, Denver, CO 80237
    For Lease $25/Sqft/Yearly
    Property
    • Office
    Availability
    • 1 Space
    • 4,400 Sqft
  • 2601-2609 Blake Street - Denver
    2601 Blake Street, Rino Denver, Denver, CO 80205
    For Lease $19 - $21/Sqft/Yearly
    Property
    • Office
    Availability
    • 2 Spaces
    • 4,286 Sqft
  • 101 University Associates, LLC - Denver
    101 University Boulevard, Country Club, Denver, CO 80206
    For Lease $35/Sqft/Yearly
    Property
    • Office
    Availability
    • 1 Space
    • 1,312 Sqft
  • Republic Plaza - Denver
    370 17th Street, Downtown Denver, Denver, CO 80202
    For Lease $23 - $29/Sqft/Yearly
    Property
    • Office
    Availability
    • 15 Spaces
    • 228,497 Sqft
  • Colorado Tower II - Denver
    621 17th Street, Downtown Denver, Denver, CO 80202
    For Lease $25 - $30/Sqft/Yearly
    Property
    • Office
    Availability
    • 61 Spaces
    • 151,516 Sqft
  • Diamond Hill Office Complex - Denver
    2490 West 26th Avenue, Jefferson Park, Denver, CO 80211
    For Lease $24 - $26/Sqft/Yearly
    Property
    • Office
    Availability
    • 28 Spaces
    • 117,077 Sqft
  • The DC Building - Denver
    518 17th Street, Downtown Denver, Denver, CO 80202
    For Lease $31.5/Sqft/Yearly
    Property
    • Office
    Availability
    • 19 Spaces
    • 115,593 Sqft
  • Denver Energy Center Tower II - Denver
    1625 Broadway, Downtown Denver, Denver, CO 80202
    For Lease $19 - $22/Sqft/Yearly
    Property
    • Office
    Availability
    • 22 Spaces
    • 92,594 Sqft
  • Stanford Place III - Denver
    4582 South Ulster Street, Hampden South, Denver, CO 80237
    For Lease $26.5 - $27.5/Sqft/Yearly
    Property
    • Office
    Availability
    • 7 Spaces
    • 77,529 Sqft
  • Denver Energy Center Tower I - Denver
    1675 Broadway, Downtown Denver, Denver, CO 80202
    For Lease $19 - $21/Sqft/Yearly
    Property
    • Office
    Availability
    • 13 Spaces
    • 73,937 Sqft
  • 1670 Broadway - Denver
    1670 Broadway, Uptown Denver, Denver, CO 80202
    For Lease $36 - $40/Sqft/Yearly
    Property
    • Office
    Availability
    • 9 Spaces
    • 67,442 Sqft
  • 1125 Seventeenth Street - Denver
    1125 17th Street, Downtown Denver, Denver, CO 80202
    For Lease $44 - $45/Sqft/Yearly
    Property
    • Office
    Availability
    • 12 Spaces
    • 66,467 Sqft
  • Trinity Place - Denver
    1801 Broadway, Downtown Denver, Denver, CO 80202
    For Lease $17 - $18/Sqft/Yearly
    Property
    • Office
    Availability
    • 15 Spaces
    • 62,159 Sqft
  • Petroleum Club Building - Denver
    110 16th Street, Downtown Denver, Denver, CO 80202
    For Lease $25/Sqft/Yearly
    Property
    • Office
    Availability
    • 15 Spaces
    • 60,889 Sqft
  • Independence Plaza - Denver
    1050 17th Street, Downtown Denver, Denver, CO 80265
    For Lease $27/Sqft/Yearly
    Property
    • Office
    Availability
    • 3 Spaces
    • 57,702 Sqft
  • Columbine Place - Denver
    216 16th Street, Downtown Denver, Denver, CO 80202
    For Lease $19/Sqft/Yearly
    Property
    • Office
    Availability
    • 7 Spaces
    • 55,689 Sqft
  • Cherry Tower - Denver
    950 South Cherry Street, Glendale, Denver, CO 80246
    For Lease $23 - $26.5/Sqft/Yearly
    Property
    • Office
    Availability
    • 16 Spaces
    • 52,795 Sqft

Denver, CO Economic Overview

Location Photo

The city of Denver, also known as the “Mile High City" due to its exact elevation of 5,284 feet, is located in north central Colorado, along the front range of the Rocky Mountains, and is home to roughly 700,000 people, within the city limits. Add to this the residents who are in the 12-city MSA and there is a total population of almost 3.5 million, making the area the 16th-most populous metropolitan area in the country. Denver is equidistant from the large mid-western cities of Chicago and St. Louis and the west coast cities of Los Angeles and San Francisco, which makes it a key trade point for the U.S. and a perfect hub for distribution and transportation. Excellent location is one of the reasons why the Denver commercial real estate market has remained so strong.

The Denver metropolitan area is the 18th-largest metro economy in the country, with an annual gross metropolitan product of nearly $158 billion. In 2016, U.S. News & World Report named Denver as the #1 Place To Live In The USA. By attracting a well-educated and energetic workforce, the economy that was once heavily dependent on the oil industry has now diversified its business base into alternative energy, aerospace, technology, healthcare, finance and telecommunications. Notable businesses located in Denver include AIMCO, the largest owner and operator of apartment communities in the U.S., Molson Coors Brewing Company, Newmont Mining Company, Lockheed Martin and United Airlines.

Denver, CO Commercial Real Estate Market

Denver's strong economy is attractive to national investors from both coasts, as well as international investors seeking to diversify risk, which has resulted in CAP rates being driven down. Government focus on the development of mass transit has increased real estate values, driven growth across the entire Front Range Urban Corridor, attracted diversified large and small business, increased job and population growth, and has ultimately moved Denver from a 2nd tier to a 1st tier market.

There is about 138 million square feet of office space in the Denver Metro Area and the region is currently undergoing a construction boom not seen since the 1990s. Developers are confident in their ability to leverage the region's focus on mass transit, with 75% of the new office developments being one-half mile or less from existing or planned light rail stations. In 2016, nearly 840,000 square feet of office product was delivered to the market and 5.1 million square feet of office space is still under construction as of mid-2017.

Population growth has driven up demand for retail space in Denver and vacancy rates down to about 5%. There is more than 198 million square feet of retail space in the MSA and investment activity in 2016 amounted to over $1.35 billion. Power regional and super-regional shopping centers are one of the hot spots on the retail front, with new delivery to the market of almost 89,000 square feet in 2016 and an additional 58,000 square feet under construction.

Thanks to Denver's centralized location with the Midwest business hubs of Chicago and St. Louis and the west coast commerce centers of Los Angeles and San Francisco, the industrial market in Denver has seen a high demand for space for warehouse and distribution use. The Denver industrial market has about 240 million square feet of space.

Denver, CO Office Rental Rates ($/SF/year)

Data provided by Yardi Matrix, for properties larger than 50K SF.

Denver, CO Office Sales

Data provided by Yardi Matrix, for properties larger than 50K SF, which sold at over $5M.

Denver, CO Commercial Inventory Breakdown

Office Spaces

Total: 64,648,671 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail

By square footage range:

  • 50k to 100k SF: 7,238,610 SF / 11.2% of total office
  • 100k to 500k SF: 38,103,922 SF / 58.94% of total office
  • 500k to 1M SF: 14,363,222 SF / 22.22% of total office
  • > 1M SF: 4,942,917 SF / 7.65% of total office

By class:

  • Class A+: 9,011,369 SF / 13.94% of total office
  • Class A: 34,539,053 SF / 53.43% of total office
  • Class B: 17,230,055 SF / 26.65% of total office
  • Class C: 683,214 SF / 1.06% of total office

Industrial

Total: 44,496,648 SF

Data provided by Yardi Matrix, properties over 50k SF

By square footage range:

  • 100k to 500k SF: 39,076,547 SF / 87.82% of total industrial
  • 500k to 1M SF: 3,896,101 SF / 8.76% of total industrial
  • > 1M SF: 1,524,000 SF / 3.42% of total industrial

By class:

  • Class A: 15,902,229 SF / 35.74% of total industrial
  • Class B: 28,018,381 SF / 62.97% of total industrial
  • Class C: 366,960 SF / 0.82% of total industrial

Employment in Denver, CO

Employment

The unemployment rate in the Denver MSA is about 2.6%, roughly half of the national average. Population has consistently grown, with well-educated millennials attracted by job opportunity, an affordable cost of living and a quality of life that many believe is second to none. According to the BLS, the labor force is about 1.6 million workers. In 2015, Forbes magazine ranked Denver the #1 best place for business and careers.

As evidence that Denver's economic diversification from the fossil fuel industry is well underway, in 2016, the IT-Software industry posted the highest job growth gain, coming in at 9.4%. Other industry categories showing strong job growth were beverage production, investments, clean technology, healthcare & wellness, aviation, pharma, insurance, banking & finance, medical device manufacturing, telecommunications, and aerospace.

The largest employers in the Denver MSA (outside of federal, state and local government) are:

  • University of Colorado educational systems;
  • Denver Public school system;
  • HealthONE Corporation;
  • SCL Health System;
  • Centura Health;
  • Lockheed Martin;
  • CenturyLink;
  • Kaiser Permanente;
  • Denver Health;
  • Comcast Corporation;
  • Children's Hospital Colorado;
  • United Airlines;
  • University of Colorado Hospital;
  • Wells Fargo;
  • DISH Network;
  • The IBM Corporation.

Clearly Denver's transition to a 1st tier market is well underway and the demand for retail, office and industrial space in Denver will continue to be strong.

Education in Denver, CO

The Denver metro area offers numerous educational opportunities with its colleges and universities. A few of the most popular are: Metro State College, Community College of Denver, Red Rocks Community College, Colorado School of Mines, University of Colorado at Denver, and University of Denver.

With primary, middle, secondary and charter educational facilities, the Denver Public Schools teach over 84,000 students each year, with a dropout rate of just under 6%.

DPS operates 176 schools and employs over 5,200 teachers, not counting administrative support staff. Also of note is the Boulder Valley School District RE-2 which has received top rankings at both the state and national level. The district educates 30,000 students each year and operates 56 schools over a 500 square mile area.

Commuting Time in Denver, CO

Denver is served by the main interstate freeways I-25 and I-70, along with the I-225, I-270, I-76 and numerous state routes. The surface streets in Denver proper follow a traditional grid system, and commute times average about 22 minutes.

But driving by car is not the only way to commute within the Denver MSA:

  • With over 650 miles of bike paths an increasing number of people commute to work by bicycle, and Denver is rated the 3rd most bicycle-friendly large city in the U.S;
  • Mass transit in Denver is managed by the RTD (Regional Transportation District) and operates more than 1,000 buses stopping at the 10,000 bus stops within the Denver-Boulder area;
  • RTD also operates 9 rail lines serving 44 locations which are responsible in part for the booming commercial real estate market in the Denver MSA;
  • Denver International Airport (DIA) is the 10th busiest airport in the world and the 4th busiest in the U.S. Denver International Airport is a major hub for United Airlines, the headquarters of Frontier Airlines, and is also the focus of Southwest Airlines.

Denver Demographics

Population

  • Total Population678,467
  • Male Population(50.0 %) 339,400
  • Female Population(50.0 %) 339,067
  • Median Age34.40

Income/Financial

  • Average Household Income$88,779
  • Median Household Income$60,098
  • Median Income Under 25$36,142
  • Median Income 25-44$67,957
  • Median Income 45-64$65,412
  • Median Income Over 65$41,329

News

Key takeaways: 682 million square feet of office space have been added across the country in the last 10 years. Campus-style tech companies greatly influenced the suburban expansion throughout the U.S. New York City, Chicago, and San Francisco grew the most on the fringes of the urban cores. The...

If you live and work in the U.S., you likely have some form of commute to work. Whether you take the train or go by car, bus or subway – or all of the above – commuting takes up a large amount of your personal time that can often lead to frustration. Spending hours in …

Commercial real estate investment firm Northstar Commercial Partners recently announced the opening of its new office in Midtown Manhattan at 245 Park Ave. The Denver-based company chose this new office location because of its excellent access to major investment firms and potential partners in ...

COMMERCIALCafé is your first and only stop when it comes to commercial real estate leasings in Denver, CO. Search through our extensive selection of commercial properties for lease with current space availability in the area ranging between 1312 square feet and 228497 square feet. Discover the right property from our 729 listings by using our advanced search function, which includes search by property type, space availability, management company, lease rates, and more.