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Arvada Office Rent Price & Sales Report

2020 Office Space Rent & Sales

  • $18.27 2020 Avg. Asking Rent
  • 5.00% 2020 Office Vacancy Rate

Arvada office price per square foot in 2020 was $18.27 on average. The local office market recorded an average vacancy rate of 5.00% across all asset classes combined.

Average Rent by Office Class

2020 Average Office Rent per Square Foot

  • Arvada Class B Office Space$23.15
  • Arvada Class C Office Space$16.10
  • Colorado Class A Office Space$33.93
  • Colorado Class B Office Space$24.71
  • Colorado Class C Office Space$17.89

Arvada, CO Office Asking Rents by Class

2020 Office Construction in Arvada, CO

  • Arvada, CO Total SF completed in 2020
  • Arvada, CO Total SF under construction in 2021 44,300

During 2020, square feet of new office space were delivered across the market. At the close of 2020, the Arvada office inventory included buildings equal to or larger than 25,000 square feet, which comprised square feet of office space. Looking forward, development activity throughout 2021 is estimated to add 44,300 square feet of office space to the market, before year-end.

Largest Office Properties Recently Completed in Arvada
Office building Address SF Completed
Candelas Medical Offices 15389 West 91st Place, 80007 44,300 2021
5610 Ward Road 5610 Ward Road, 80002 58,287 2005
6100 West 54th Avenue 6100 West 54th Avenue, 80002 38,656 2000
5420 Ward Road 5420 Ward Road, 80002 25,148 2000
Columbine Lake Professional Plaza 6870 West 52nd Avenue, 80002 58,592 1999
Columbine Professional Plaza - 6770 West 52nd Avenue 6770 West 52nd Avenue, 80002 27,044 1998
Kaiser Permanente Hidden Lake Medical Offices 7701 Sheridan Blvd, 80003 73,389 1996
7950 Kipling Street 7950 Kipling Street, 80005 33,190 1995
5460 Ward Road 5460 Ward Road, 80002 36,324 1982
6355 Ward Road 6355 Ward Road, 80004 30,828 1982

Worth noting among recent office completions on the Arvada market is Candelas Medical Offices, which is currently the largest new office development in the city, at 44,300 square feet.

Data provided by Commercial Edge

See reports for nearby markets

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  • Golden Office Rent Price
  • Broomfield Office Rent Price

This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2020 through December 31st 2020. Construction pipeline data represented herein is valid as of April 2021. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Arvada commercial properties sized 25,000 square feet or larger.

While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor CommercialEdge can guarantee that the information provided is complete.

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