Golden Office Rent Price & Sales Report

2021 Office Space Rent & Sales

  • $23.62 2021 Avg. Asking Rent
  • 0.02% Y-o-Y Avg. Asking Rent Change
  • 12.71% 2021 Office Vacancy Rate

Golden office price per square foot in 2021 was $23.62 on average. This marked a +0.02% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 12.71% across all asset classes combined.

Average Rent by Office Class

2021 Average Office Rent per Square Foot

  • Golden Class A & A+ Office Space$26.00
  • Golden Class B Office Space$23.92
  • Golden Class C Office Space$17.79
  • Colorado Class A & A+ Office Space$34.93
  • Colorado Class B Office Space$25.46
  • Colorado Class C Office Space$17.84

Golden, CO Office Asking Rents by Class

Average office rent in Golden rested at $23.62 per square foot in 2021. 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 Golden averaged $26.00 per square foot. Across all submarkets, class B office space recorded an average asking rent of $23.92 per square foot. Meanwhile, assets encompassing class C office space saw asking rents of $17.79 per square foot, on average. Comparably, statewide Colorado average office rents by class in 2021 were: $34.93 per square foot for class A office space; $25.46 per square foot for class B office space; $17.84 per square foot for class C office space.

2021 Office Vacancy Rates in Golden

Submarket Asking Rents Vacancy Rates
Lakewood - West $23.99 18.44%
Golden $22.38 5.27%
Data provided by Commercial Edge
Submarket differences in factors such as property mix, degree of accessibility, and availability of amenities influence not only variation in office rent price, but also in vacancy rates. The overall office vacancy rate on the Golden market was 12.71% in 2021. Looking at the market stats on a more granular level, data shows that the lowest office vacancy rate in Golden was 5.27% in the Golden submarket, while the highest office vacancy in the market was 18.44%, recorded in Lakewood - West.

Office Spaces for Rent in Colorado

Coworking Spaces in Colorado

2021 Office Construction in Golden, CO

Largest Office Properties Recently Completed in Golden
Office building Address SF Completed
Jefferson Office Park - South West Building 1010 Johnson Road, 80401 28,258 2016
701 12th St. 701 12th Street, 80401 6,341 2016
Signature Centre at Denver West 14143 Denver West Parkway, 80401 283,149 2007
Silagi Simms 730 Simms Street, 80401 183,437 2007
Golden Ridge Office Park 500 Golden Ridge Road, 80401 100,800 2001
Clear Creek Square - 600 12th Street 600 12th Street, 80401 79,705 2001
4885 Ward Rd 4885 Ward Rd, 80033 16,014 2001
4885 Ward Rd 4885 Ward Rd, 80033 16,014 2001
24918 Genesee Trail Road Golden CO 24918 Genesee Trail Road Golden CO, 80401 625 2001
523 Park Point Drive 523 Park Point Drive, 80401 59,693 2000

Worth noting among recent office completions on the Golden market is Jefferson Office Park - South West Building, which is currently the largest new office development in the city, at 28,258 square feet.

Data provided by Commercial Edge

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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 2021 through December 31st 2021. Construction pipeline data represented herein is valid as of April 2022. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Golden 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.