Colorado Springs Office Rent Price & Sales Report

Highlights

  • The average rent for office space in Colorado Springs is $23.27 per square foot, 0.99% higher compared to the previous year.
  • The market’s vacancy rate stands at 18.16%, higher than the state average of Colorado, which is 17.03%.
  • Renting Class A/A+ office space here costs $32.00 per square foot, while Class B averages $21.21 and Class C stands at $19.29.

2025 Office Space Rent & Sales

  • $23.27 2025 Avg. Asking Rent
  • 0.99% Y-o-Y Avg. Asking Rent Change
  • 18.16% 2025 Office Vacancy Rate
  • $49.6M2025 Total Office Sales
  • $151.59Avg. Sale Price/SF

What is the average asking rent price for office space in Colorado Springs?

Average asking rents for office space here stand at $23.27 per square foot. The local office market recorded an average vacancy rate of 18.16% in 2025, unchanged from 18.16% in 2024.

Office transactions in the local market in 2025 totaled a sales volume of $49.6M across 7 sales. These transactions commanded an average sale price per square foot of $151.59.

Colorado Springs, CO Office Asking Rents by Class

What is the average office rent per square foot by property class in Colorado Springs?

  • Avg. Asking Rent Class A & A+$32.00
  • Avg. Asking Rent Class B$21.21
  • Avg. Asking Rent Class C$19.29

The average asking rent for Class A and A+ office space stood at $32.00 per square foot, indicating the best — and most expensive — that the market has to offer.
Class B space in Colorado Springs averaged $21.21 per square foot, while the average for Class C space was $19.29 per square foot.

What is the average office rent per square foot by property class in CO?

  • Avg. Asking Rent Class A & A+$36.26
  • Avg. Asking Rent Class B$23.35
  • Avg. Asking Rent Class C$18.67

For comparison, the average rent for Class A and A+ office space in Colorado was $36.26 per square foot. The state-wide average for Class B space was $23.35 per square foot, and Class C office spaces averaged $18.67 per square foot.

Explore Top Office Markets in Colorado

2025 Office Sales Volume

  • $151.592025 Avg. Price per SF
  • -21.01%Y-o-Y Avg. PpSF Change
  • $49.6M2025 Office Sales Volume
  • 72025 Number of Transactions

What is the average sale price per square foot for office space in Colorado Springs?

Average sale prices for office space in this market recorded a -21.01% change in 2025 compared to the previous year.
Office transactions recorded in the market in 2025 averaged $151.59 per square foot. For comparison, the statewide Colorado average during the same time period stood at $109.34 per square foot, while the national average was $182.48 per square foot.

Colorado Springs, CO Sale Price per SF Trend

  • Colorado Springs Avg. Sale Price per SF in 2025$151.59
  • Colorado Avg. Sale Price per SF in 2025$109.34

What was the total office sales volume in Colorado Springs in 2025?

The local office market recorded 7 deals in 2025, adding up to a yearly sales volume of $49.6M.

  • Colorado Springs, CO Total Office Sales Volume in 2025 $49.6M
  • Colorado Springs, CO Total Number of Office Sales Closed in 2025 7
Data provided by Yardi Research

Office Construction in Colorado Springs, CO

What are the largest recent office completions in Colorado Springs?

The largest recent office completion here is Medical Pavilion at Briargate at 170,000 square feet, completed in 2007. The next largest completions are Epic One and The Office at Victory Ridge.

Office building Address SF Completed
7415 Firehouse View 7415 Firehouse View, 80831 6,000 2024
The Office at Victory Ridge 10855 Hidden Pool Heights, 80908 96,863 2021
5780 E Woodmen Road 5780 E Woodmen Road, 80924 3,000 2021
780 Seedling CT 780 Seedling CT, 80915 7,000 2020
5110 Edison Avenue 5110 Edison Avenue, 80915 42,484 2012
Medical Center at Penrose 2312 North Nevada Avenue, 80907 71,000 2011
Epic One 10807 New Allegiance Drive, 80921 145,694 2008
Medical Pavilion at Briargate 4105 Briargate Pkwy, 80920 170,000 2007
NorthCare at St. Francis 6071 East Woodmen Road, 80923 85,250 2007
UCHealth Primary Care Clinic 8540 Scarborough Drive, 80920 42,770 2007
Data provided by Yardi Research

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Disclaimer

All information on this page is based on city-level data that includes properties equal to or larger than 25,000 square feet.
Averages were calculated based on values dated between January 1st and December 31st 2025. Construction pipeline data represented herein is valid as of January 2026.

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 Yardi Research Data can guarantee that the information provided is complete.