2022 Office Space Rent & Sales
- $23.34 2022 Avg. Asking Rent
- -2.73% Y-o-Y Avg. Asking Rent Change
- 22.76% 2022 Office Vacancy Rate
- $17.5M2022 Total Office Sales
- $169.36Avg. Sale Price/SF
Fort Collins office price per square foot in 2022 was $23.34 on average. This marked a -2.73% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 22.76% across all asset classes combined. The 3 transactions that closed here throughout 2022 amounted to a total sale volume of $17.5M. Fort Collins office space commanded an average sale price per square foot of $169.36.
Average Rent by Office Class
2022 Average Office Rent per Square Foot
- Fort Collins Class A & A+ Office Space$39.82
- Fort Collins Class B Office Space$23.29
- Fort Collins Class C Office Space$21.26
- Colorado Class A & A+ Office Space$37.34
- Colorado Class B Office Space$25.04
- Colorado Class C Office Space$18.06
Fort Collins, CO Office Asking Rents by Class
Average office rent in Fort Collins rested at $23.34 per square foot in 2022. As would be expected, office rent price showed some variation from one asset class to another. As such, the asking rent for class A office space in Fort Collins averaged $39.82 per square foot. Across all submarkets, class B office space recorded an average asking rent of $23.29 per square foot. Meanwhile, assets encompassing class C office space saw asking rents of $21.26 per square foot, on average. Comparably, statewide Colorado average office rents by class in 2022 were: $37.34 per square foot for class A office space; $25.04 per square foot for class B office space; $18.06 per square foot for class C office space.
Office Spaces for Rent in Colorado
- Denver Office Space
- Colorado Springs Office Space
- Boulder Office Space
- Fort Collins Office Space
- Lakewood Office Space
- Aurora Office Space
- Centennial Office Space
- Englewood Office Space
- Littleton Office Space
- Greenwood Village Office Space
- Golden Office Space
- Loveland Office Space
- Westminster Office Space
- Broomfield Office Space
- Arvada Office Space
Fort Collins Office Sale Price per SF
- $169.362022 Avg. Price per SF
- 15.83%Y-o-Y Avg. PpSF Change
- $17.5M2022 Office Sales Volume
- 32022 Number of Transactions
Fort Collins, CO Sale Price per SF Trend
- Fort Collins Avg. Sale Price per SF in 2022$169.36
- Colorado Avg. Sale Price per SF in 2022$303.01
2022 Office Sales Volume
- Fort Collins, CO Total Office Sales Volume in 2022 $17.5M
- Fort Collins, CO Total Number of Office Sales Closed in 2022 3
Largest Fort Collins Office Sales in 2022
| Property name | Address | Date | Price |
|---|---|---|---|
| 3800 Automation Way | 3800 Automation Way | 4/5/2022 | $4,575,000 |
Coworking Spaces in Colorado
- Houston Coworking Space
- Dallas Coworking Space
- Denver Coworking Space
- Austin Coworking Space
- Phoenix Coworking Space
- San Antonio Coworking Space
- Salt Lake City Coworking Space
- Scottsdale Coworking Space
- Oklahoma City Coworking Space
- Plano Coworking Space
- Albuquerque Coworking Space
- Fort Worth Coworking Space
- Tucson Coworking Space
- Colorado Springs Coworking Space
- Boulder Coworking Space
- Aurora Coworking Space
- Overland Park Coworking Space
- Omaha Coworking Space
- Tulsa Coworking Space
- Tempe Coworking Space
- Littleton Coworking Space
- Fort Collins Coworking Space
- Golden Coworking Space
- Greenwood Village Coworking Space
- Lakewood Coworking Space
- Centennial Coworking Space
- Englewood Coworking Space
- Broomfield Coworking Space
- Loveland Coworking Space
- Grand Junction Coworking Space
2022 Office Construction in Fort Collins, CO
| Office building | Address | SF | Completed |
|---|---|---|---|
| 3405 South Timberline Road | 3405 South Timberline Road, 80525 | 102,000 | 2019 |
| 221 East Mountain Avenue | 221 East Mountain Avenue, 80524 | 72,944 | 2019 |
| 4650 Signal Tree Drive, Unit 200 | 4650 Signal Tree Dr # 200, 80547 | 4,689 | 2018 |
| Harmony Technology Park - 5042 Technology Pkwy | 5042 Technology Pkwy, 80528 | 49,900 | 2013 |
| Great Western Bank Plaza | 3711 John F. Kennedy Parkway, 80525 | 45,600 | 2007 |
| Riverbend Trail Offices | 2121 Midpoint Drive, 80525 | 21,600 | 2006 |
| 702 W Drake Rd, Building G | 702 W Drake Rd, Building G, 80526 | 7,000 | 2006 |
| 1006 Robertson Street | 1006 Robertson Street, 80524 | 6,822 | 2006 |
| 1300 Riverside Ave | 1300 Riverside Ave, 80524 | 36,128 | 2005 |
| Cortina | 224 Canyon Avenue Unit 120, 80521 | 6,083 | 2005 |
Worth noting among recent office completions on the Fort Collins market is 3405 South Timberline Road, which is currently the largest new office development in the city, at 102,000 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
- Greenwood Village Office Rent Price
- Aurora Office Rent Price
- Lakewood Office Rent Price
- Loveland Office Rent Price
- Golden Office Rent Price
- Westminster Office Rent Price
- Broomfield Office Rent Price
- Arvada Office Rent Price
- Charlotte Office Rent Price
- Seattle Office Rent Price
- Dallas 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 Fort Collins 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.