2020 Office Space Rent & Sales
- $18.33 2020 Avg. Asking Rent
- 18.67% 2020 Office Vacancy Rate
Longmont office price per square foot in 2020 was $18.33 on average. The local office market recorded an average vacancy rate of 18.67% across all asset classes combined.
Average Rent by Office Class
2020 Average Office Rent per Square Foot
- Longmont Class B Office Space$19.96
- Longmont Class C Office Space$17.93
- Colorado Class A Office Space$33.93
- Colorado Class B Office Space$24.71
- Colorado Class C Office Space$17.89
Longmont, CO Office Asking Rents by Class
2020 Office Construction in Longmont, CO
- Longmont, CO Total Sqft completed in 2020
During 2020, square feet of new office space were delivered across the market. At the close of 2020, the Longmont office inventory included buildings equal to or larger than 25,000 square feet, which comprised square feet of office space.
| Office building | Address | Sqft | Completed |
|---|---|---|---|
| Front Range Orthopedics & Spine Headquarters | 1610 Dry Creek Drive, 80503 | 32,000 | 2016 |
| 550 Disc Drive | 550 Disc Drive, 80503 | 30,320 | 2015 |
| 4000 Nelson Road | 4000 Nelson Road, 80503 | 691,475 | 2001 |
| Longmont Medical Campus | 1551 Professional Lane, 80501 | 105,139 | 2001 |
| 389 Disc Drive | 389 Disc Drive, 80503 | 519,448 | 2000 |
| 3100 Logic Drive | 3100 Logic Drive, 80503 | 135,601 | 2000 |
| Creekside Business Park | 1811 Pike Road, 80501 | 257,266 | 1999 |
| Diagonal Tech Center | 1751 South Fordham Street, 80503 | 123,200 | 1999 |
| United Medical Building | 2030 Mountain View Avenue, 80503 | 50,000 | 1999 |
| 2620 Trade Centre Avenue | 2620 Trade Centre Avenue, 80503 | 43,794 | 1998 |
Worth noting among recent office completions on the Longmont market is Front Range Orthopedics & Spine Headquarters, which is currently the largest new office development in the city, at 32,000 square feet.
See reports for nearby markets
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 2020 through December 31st 2020. Construction pipeline data represented herein is valid as of April 2021. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Longmont 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.