Highlights
- The average rent for office space in Highlands Ranch is $37.44 per square foot, 1.88% higher compared to the previous year.
- The market’s vacancy rate stands at 20.59%, higher than the state average of Colorado, which is 17.03%.
- 118,500 square feet is currently under construction.
2025 Office Space Rent & Sales
- $37.44 2025 Avg. Asking Rent
- 1.88% Y-o-Y Avg. Asking Rent Change
- 20.59% 2025 Office Vacancy Rate
What is the average asking rent price for office space in Highlands Ranch?
Average asking rents for office space here stand at $37.44 per square foot. The local office market recorded an average vacancy rate of 20.59% in 2025, unchanged from 20.59% in 2024.
Highlands Ranch, CO Office Asking Rents by Class
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.
Office Construction in Highlands Ranch, CO
- Highlands Ranch, CO Total SF under construction in 2026 118,500
What are the largest recent office completions in Highlands Ranch?
The largest recent office completion here is Arc 470 - Building 3 at 203,295 square feet, completed in 2000. The next largest completions are Software AG Building and WEST SPRINGER DRIVE, LLC.
| Office building | Address | SF | Completed |
|---|---|---|---|
| Eastridge Medical Building | 6660 Timberline Rd, 80130 | 24,740 | 2006 |
| Arc 470 - Building 3 | 8744 Kendrick Castillo Way, 80129 | 203,295 | 2000 |
| 9088 South Ridgeline Boulevard | 9088 South Ridgeline Boulevard, 80126 | 20,848 | 2000 |
| Plaza 300 | 300 Plaza Drive, 80221 | 45,190 | 1998 |
| Plaza 200 | 200 Plaza Drive, 80221 | 30,100 | 1996 |
| Highridge Office Park - 8955 South Ridgeline Blvd | 8955 South Ridgeline Blvd, 80129 | 34,796 | 1987 |
| Software AG Building | 8822 South Ridgeline Boulevard, 80126 | 85,679 | 1986 |
| Norwood Center | 3706-3736 Norwood Drive, 80125 | 40,000 | 1985 |
| WEST SPRINGER DRIVE, LLC | 66 and 32-52 West Springer Drive, 80129 | 54,913 | 1984 |
| Wells Fargo Center | 66 West Springer Drive, 80129 | 52,141 | 1983 |
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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.