Commercial Real Estate Market Trends in Denver, Co

Commercial Real Estate Market Report

This page provides a high-level view of commercial real estate conditions in Denver, combining current pricing, property scale, and active inventory to support early market evaluation.

 

 

Denver's Demographic Profile

These demographic metrics help frame the size and depth of the Denver market, giving investors context on whether current pricing aligns with local demand conditions.

Key Demographic Metrics Value
Population 716,274
# Households 319,116
Median age 37
Median household income $85,001
Avg household size 2
Renter-occupied housing units 174,940
5-year population change 1%

Commercial Real Estate Market Snapshot in Denver

These market metrics outline current pricing, typical deal size, and observed cap rate ranges, giving investors a quick read on entry costs and high-level underwriting expectations.

Key Market Metrics Value
Avg asking sale price $309 per SF
Avg asking lease rate $24 per SF
Avg unit size for lease 10,359 SF
Avg building size for sale 21,498 SF
Average cap rate 6.60%

In Denver, commercial properties are currently listed at an average sale price of $309 per square foot, with average lease rates around $24 per square foot. Typical leased spaces are approximately 10,359 SF, while properties for sale average 21,498 SF in building size. Observed cap rates average 6.60%, offering a reference point for return expectations relative to pricing and deal scale.

 

Commercial Properties For Sale In Denver, Co

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

380-400 Quivas St

Denver, CO 80223

  • 31,999 SF Industrial Building
  • $6,700,000
For Sale

The Grand Central Building

Denver, CO 80202

  • 34,488 SF Office Building
  • 6.69% Cap Rate
  • $14,800,000
For Sale

5347-5353 Sherman St

Denver, CO 80216

  • 17,980 SF Industrial Building
For Sale

Lakewood Marketplace

Denver, CO 80215

  • 1.20 AC Lot
  • 1 Commercial Lot
  • $1,500,000
For Sale

Acoma Office Building

Denver, CO 80204

  • 14,234 SF Office Building
  • $5,000,000
For Sale

Infill Industrial with Fenced Yard & Rail

Denver, CO 80216

  • 170,223 SF Industrial Building
For Sale

7447 E Berry Ave

Greenwood Village, CO 80111

  • 29,000 SF Office Building
  • $6,000,000
For Sale

Corona Apartments

Denver, CO 80218

  • 2,376 SF Multifamily
  • 6.51% Cap Rate
  • $1,050,000

 

Commercial Market Metrics by Property Type

Office Building Market Metrics Near Denver

Office market metrics highlight how pricing, typical deal size, and return expectations vary across submarkets, helping investors compare entry costs and yield potential efficiently.

Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Denver $304 17,125 SF 10.00%
Greenwood Village $217 15,134 SF 7.86%
Wheat Ridge $224 13,889 SF 8.96%
Englewood $264 21,869 SF 7.59%
Northglenn $221 7,744 SF 12.24%

Industrial Property Market Metrics Near Denver

Industrial market data shows how cost per square foot and typical building size differ by submarket, supporting comparisons around deal scale and pricing alignment.

Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Denver $234 28,760 SF 11.00%
Commerce City $246 24,453 SF 11.00%
Wheat Ridge $313 19,528 SF 9.00%
Englewood $239 14,350 SF 6.50%

 

Retail Property Market Metrics Near Denver

Retail pricing varies widely across nearby markets, making this comparison useful for identifying where cost per square foot and deal size diverge most.

Nearby Retail Markets Avg Cost/SF Typical Size
Denver $382 16,326 SF
Commerce City $388 12,015 SF
Thornton $419 6,685 SF
Sheridan $359 9,193 SF
Wheat Ridge $402 5,386 SF

Multifamily Property Market Metrics Near Denver

Multifamily metrics show how pricing and building size relate to observed cap rate ranges, helping investors evaluate income potential relative to entry cost.

Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Denver $292 31,074 SF 11.69%
Wheat Ridge $351 7,485 SF 6.73%
Westminster $203 24,984 SF 7.90%
Aurora $202 20,974 SF 11.69%
Lakewood $270 13,749 SF 8.13%

 

How Investors Evaluate Commercial Real Estate Markets in Denver, Co

Use these tools to move from market-level signals to deal-level math. Each calculator helps translate Denver pricing, rents, and building size into concrete metrics like value, income, and space requirements, so you can validate assumptions before spending time on individual listings.
Commercial Property Valuation
Commercial Property Valuation
Understand Core Valuation Methods, Prevent Mistakes, and Use Our Instant Value Estimator
What Is a Cap Rate?
What Is a Cap Rate?
How To Calculate This Critical CRE Investment Metric and Why It Matters
Net Operating Income (NOI) Calculator
Net Operating Income (NOI) Calculator
Calculating NOI and Understanding the Significance of This Metric in Commercial Real Estate Investment
Internal Rate of Return (IRR) Calculator
Internal Rate of Return (IRR) Calculator
Use this calculator to measure annualized returns, compare investment scenarios, and evaluate risk across commercial real estate deals.
Cash on Cash Return
Cash on Cash Return
Learn How Cash on Cash Return Can Optimize Your Real Estate Investments
Debt Service Coverage Ratio (DSCR) Calculator
Debt Service Coverage Ratio (DSCR) Calculator
Assess Your Investment's Health in Seconds
Gross Rent Multiplier (GRM) Calculator & Investment Guide
Gross Rent Multiplier (GRM) Calculator & Investment Guide
Simplifying Your Investment Analysis
Land Loan Calculator
Land Loan Calculator
Use this calculator to estimate monthly payments, interest, and total financing costs for raw, unimproved, or improved land purchases.
Balloon Payment Calculator
Balloon Payment Calculator
Use this calculator to estimate monthly payments, total interest, and the final lump-sum balloon payment for commercial real estate loans.
Office Space Calculator
Office Space Calculator
Estimate How Much Space Your Team Really Needs

 

Nearby Commercial Markets

Comparing nearby markets helps investors see whether Denver pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Denver $309 21,498 SF
Henderson $406 10,929 SF
Federal Heights $233 11,247 SF
Edgewater $204 15,277 SF
Commerce City $305 23,173 SF

Multifamily For Sale In Denver, Co

Multifamily listings shown here connect market pricing and cap rate patterns with income-producing opportunities currently available.
For Sale

Dallas Landing Apartments

Aurora, CO 80010

  • 22,000 SF Multifamily
  • 6.22% Cap Rate
  • $4,025,000
For Sale

Ice House Lofts

Denver, CO 80202

  • 193,417 SF Multifamily
  • $1,750,000
For Sale

Mosaic Apartments

Denver, CO 80224

  • 209,118 SF Multifamily
  • 6.98% Cap Rate
  • $31,000,000
For Sale

The Julian at Sloan’s Lake

Denver, CO 80204

  • 111,752 SF Multifamily
  • $950,000
For Sale

William Penn Apartments

Denver, CO 80203

  • 24,660 SF Multifamily
  • $4,250,000
For Sale

Midland Lofts

Denver, CO 80202

  • 119,940 SF Multifamily
  • $700,000
For Sale

The Deveraux

Denver, CO 80216

  • 562,183 SF Multifamily
  • $909,400 - $3,291,800
For Sale

Colony House

Aurora, CO 80011

  • 28,048 SF Multifamily
  • 6.00% Cap Rate
  • $5,700,000

Regional Demographic Comparison

This comparison places Denver alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Los Angeles or distributed across surrounding areas.

City Population # Households Age MedianHouseholdIncome AvgHouseholdSize RenterOccupiedHousingUnits FiveYrPopGrowthPct
Denver 716,274 319,116 37 $85,001 2 174,940 1%
Henderson 13,281 4,116 35 $102,976 3 794 4%
Federal Heights 15,398 5,589 34 $50,362 3 2,654 5%
Edgewater 4,850 2,232 38 $76,454 2 1,141 -2%
Commerce City 67,806 20,849 35 $103,174 3 5,011 5%

FAQs About Commercial Investing in Denver

View All Commercial Real Estate For Sale in Denver
Is Denver a good market for a first-time commercial real estate investor?

Denver offers relatively accessible pricing and clear market benchmarks compared to many major metros, which can help first-time investors set realistic expectations. Reviewing average prices, building sizes, and cap rates on this page can help you understand what a typical deal looks like before narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Denver?

The pricing and size metrics on this page help you compare the cost of owning versus leasing space in Denver. By reviewing typical building sizes and asking prices, you can assess whether ownership aligns with your space needs, cash flow goals, and long term business plans before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Denver?

Conservative investors often prioritize manageable deal size, reasonable pricing, and return ranges that support steady income. The cap rate and pricing benchmarks shown here help assess whether current Denver market conditions align with lower-risk, income-focused strategies.

How does Denver compare to nearby markets from a pricing and scale perspective?

The nearby market tables highlight how cost per square foot and typical building size vary across the region. These comparisons help experienced investors identify relative value and determine whether Denver pricing is competitive or whether nearby markets may offer better alignment with specific return or scale targets.

How can institutional or high-volume investors use this page for early deal screening in Denver?

This page provides high-level benchmarks on pricing, deal size, and observed cap rates that are useful for initial market filtering. Institutional teams can use these metrics to validate underwriting assumptions, reduce noise, and prioritize Denver listings that meet size and return criteria before deeper analysis.

Nearby Cities
Neighborhoods
Resources