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 $308 per SF
Avg asking lease rate $169 per SF
Avg unit size for lease 26,476 SF
Avg building size for sale 17,104 SF
Average cap rate 6.52%

In Denver, commercial properties are currently listed at an average sale price of $308 per square foot, with average lease rates around $169 per square foot. Typical leased spaces are approximately 26,476 SF, while properties for sale average 17,104 SF in building size. Observed cap rates average 6.52%, 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

Impressive Upside Potential in Denver CBD

Denver, CO 80202

  • 149,222 SF Office Building
  • Auction Sale
For Sale

Highly Desirable Repositioning Opportunity

Lakewood, CO 80228

  • 166,745 SF Office Building
  • Auction Sale
For Sale

Burnham Yard Industrial Site

Denver, CO 80223

  • 31,999 SF Industrial Building
  • Price Upon Request
For Sale

The Grand Central Building

Denver, CO 80202

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

3800-3900 E 48th Ave

Denver, CO 80216

  • 55,319 SF Industrial Building
  • Price Upon Request
For Sale

3800 East 48th Avenue

Denver, CO 80216

  • 46,977 SF Industrial Building
  • Price Upon Request
For Sale

4600 Ironton St

Denver, CO 80239

  • 37,636 SF Industrial Building
  • Price Upon Request
For Sale

2153 S Wabash St

Denver, CO 80231

  • 25,356 SF Industrial Building
  • Price Upon Request

 

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 $289 10,645 SF 10.00%
Commerce City $329 7,788 SF 6.36%
Thornton $261 12,370 SF 8.55%
Greenwood Village $247 8,548 SF 7.59%
Wheat Ridge $214 11,637 SF 8.00%

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 $245 22,453 SF 16.13%
Commerce City $259 21,082 SF 11.70%
Wheat Ridge $359 12,984 SF 6.31%

 

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 $357 9,967 SF
Commerce City $394 11,615 SF
Thornton $506 4,461 SF
Sheridan $413 11,898 SF
Wheat Ridge $331 8,201 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 $303 18,315 SF 9.70%
Wheat Ridge $284 8,938 SF 7.47%
Westminster $236 9,086 SF 6.50%
Aurora $210 14,788 SF 9.70%
Lakewood $276 13,388 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.

 

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 $308 17,104 SF
Henderson $378 6,202 SF
Federal Heights $397 9,625 SF
Edgewater $335 5,026 SF
Commerce City $355 19,008 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

Emery West Highland- Plaza 38 Retail Condos

Denver, CO 80211

  • 350,000 SF Multifamily
  • 5.34% Cap Rate
  • $3,990,000 - $8,990,000
For Sale

Amber Apartments

Aurora, CO 80010

  • 62,220 SF Multifamily
  • 4.61% Cap Rate
  • $12,800,000
For Sale

The Novelist

Denver, CO 80203

  • 33,948 SF Multifamily
  • $12,000,000
For Sale

2900 W 44th Ave

Denver, CO 80211

  • 26,104 SF Multifamily
  • $500,000
For Sale

Ice House Lofts

Denver, CO 80202

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

Midland Lofts

Denver, CO 80202

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

Colony House

Aurora, CO 80011

  • 28,048 SF Multifamily
  • 6.33% Cap Rate
  • $5,400,000
For Sale

Development -Up to 113 units

Denver, CO 80223

  • 55,438 SF Multifamily
  • $3,200,000

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.