2022 Office Space Rent & Sales
- $23.49 2022 Avg. Asking Rent
- 8.46% 2022 Office Vacancy Rate
- $12M2022 Total Office Sales
- $135.88Avg. Sale Price/SF
Arvada office price per square foot in 2022 was $23.49 on average. The local office market recorded an average vacancy rate of 8.46% across all asset classes combined. The 3 transactions that closed here throughout 2022 amounted to a total sale volume of $12M. Arvada office space commanded an average sale price per square foot of $135.88.
Average Rent by Office Class
2022 Average Office Rent per Square Foot
- Arvada Class B Office Space$27.16
- Arvada Class C Office Space$17.39
- Colorado Class A & A+ Office Space$37.34
- Colorado Class B Office Space$25.04
- Colorado Class C Office Space$18.06
Arvada, CO Office Asking Rents by Class
2022 Office Vacancy Rates in Arvada
Submarket | Asking Rents | Vacancy Rates |
---|---|---|
I-25 Corridor | $41.42 | 15.53% |
Denver Boulder Turnpike | $30.70 | 12.87% |
Arvada | $21.91 | 9.44% |
Arvada Office Sale Price per SF
- $135.882022 Avg. Price per SF
- 16.47%Y-o-Y Avg. PpSF Change
- $12M2022 Office Sales Volume
- 32022 Number of Transactions
Arvada, CO Sale Price per SF Trend
- Arvada Avg. Sale Price per SF in 2022$135.88
- Colorado Avg. Sale Price per SF in 2022$303.01
2022 Office Sales Volume
- Arvada, CO Total Office Sales Volume in 2022 $12M
- Arvada, CO Total Number of Office Sales Closed in 2022 3
Largest Arvada Office Sales in 2022
Property name | Address | Date | Price |
---|---|---|---|
Columbine Professional Plaza - 6750 West 52nd Avenue | 6750 West 52nd Avenue | 5/25/2022 | $6,250,000 |
Columbine Professional Plaza - Lake Front Office Building | 6850 West 52nd Avenue | 5/9/2022 | $3,100,000 |
Arbor Building, The | 7850 Vance Drive | 2/14/2022 | $2,675,000 |
Coworking Spaces in Colorado
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2022 Office Construction in Arvada, CO
Office building | Address | SF | Completed |
---|---|---|---|
Ralston Business Park | 5545 West 56th Ave, Unit I, 80002 | 4,210 | 2006 |
12500 W 58th Avenue - Retail | 12500 W 58th Avenue, 80002 | 24,081 | 2005 |
5610 Ward Rd. Suite 200 & 230 | 5610 Ward Rd. Suite 200 & 230, 80002 | 15,476 | 2005 |
5610 Ward Rd. Suite 200 & 230 | 5610 Ward Rd. Suite 200 & 230, 80002 | 15,476 | 2005 |
5420 Ward Road | 5420 Ward Road, 80002 | 25,148 | 2000 |
5420 Ward Road | 5420 Ward Road, 80002 | 23,646 | 2000 |
5400 Ward Road, Building II | 5400 Ward Road, 80002 | 10,349 | 1986 |
Parkside Center II | 5275 Marshall St, 80002 | 11,010 | 1985 |
Sheridan Professional Building | 5005 West 81st Place, 80031 | 30,056 | 1984 |
8120 Sheridan Blvd - Office Space For Lease | 8120 Sheridan Blvd, 80003 | 45,379 | 1981 |
Worth noting among recent office completions on the Arvada market is Ralston Business Park, which is currently the largest new office development in the city, at 4,210 square feet.
See reports for other markets
- Denver Office Rent Price
- Colorado Springs Office Rent Price
- Boulder Office Rent Price
- Englewood Office Rent Price
- Centennial Office Rent Price
- Fort Collins Office Rent Price
- Greenwood Village Office Rent Price
- Aurora Office Rent Price
- Lakewood Office Rent Price
- Littleton Office Rent Price
- Loveland Office Rent Price
- Golden Office Rent Price
- Westminster Office Rent Price
- Broomfield Office Rent Price
- Wheat Ridge Office Rent Price
- San Antonio 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 2022 through December 31st 2022. Construction pipeline data represented herein is valid as of April 2023. 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.