Commercial Space

Office Building on Canyon Boulevard, Boulder, CO With the largest concentration of commercial real estate in the northwest metro Denver area, Boulder offers a wide range of options for business space. Lease rates are surprisingly competitive. Chances are you will find the space you need at a price that fits your budget.

Within the city of Boulder there are approximately 7 million square feet of rentable office space, 6 million square feet of industrial/warehouse space, and 4 million square feet of R&D/flex space.

Commercial Space*: City of Boulder Office Warehouse R&D/Flex
Total square feet 6,491,081 6,269,635 4,367,650
Vacant square feet 456,406 231,006 256,332
Vacancy rate 7.0% 3.7% 5.9%
Absorption (YTD) 44,735 -28,346 8,156
Lease rate (NNN) $8.00 – $34.00 $4.95 – $12.25 $6.00 – $22.00

*Includes buildings over 10,000 square feet. Boulder City only, excluding Longmont. Owner-occupied, government and medical buildings excluded.  Source: Newmark Grubb Knight Frank, Boulder Market Report, 1st Quarter 2014