2023 Office Space Rent & Sales
- $19.32 2023 Avg. Asking Rent
- -0.20% Y-o-Y Avg. Asking Rent Change
- 8.26% 2023 Office Vacancy Rate
Aurora office price per square foot in 2023 was $19.32 on average. This marked a -0.20% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 8.26% across all asset classes combined.
See how this market compares to the national average: U.S. office space rent & sales.
Average Rent by Office Class
2023 Average Office Rent per Square Foot
- Colorado Class A & A+ Office Space$36.72
- Colorado Class B Office Space$24.52
- Colorado Class C Office Space$30.48
Aurora, CO Office Asking Rents by Class
2023 Office Vacancy Rates in Aurora
| Submarket | Asking Rents | Vacancy Rates |
|---|---|---|
| Aurora | $20.32 | 7.63% |
| Denver - East | $15.19 | 13.18% |
Office Spaces for Rent in Colorado
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2023 Office Construction in Aurora, CO
- Aurora, CO Total SF under construction in 2024 85,000
| Office building | Address | SF | Completed |
|---|---|---|---|
| 25551 E Smoky Hill Rd | 25551 E Smoky Hill Rd, 80016 | 6,679 | 2014 |
| 16750 E Quincy Ave | 16750 E Quincy Ave, 80015 | 4,200 | 2008 |
| The Offices at Southlands | 6155 South Main Street, 80016 | 325,259 | 2006 |
| Cubework Aurora | 2470 Airport Blvd, 80011 | 332,075 | 2004 |
| Norfolk Tech Center - Building 1 | 16710 East 2nd Avenue, 80011 | 25,000 | 2002 |
| Three Gateway Centre | 3855 Lewiston Street, 80011 | 79,818 | 2001 |
| 16401 East Centretech Parkway | 16401 East Centretech Parkway, 80011 | 116,500 | 1998 |
| 14305 East Alameda Avenue | 14305 East Alameda Avenue, 80012 | 26,419 | 1987 |
| Executive Place Business Center | 11211 East Arapahoe Road, 80112 | 72,194 | 1985 |
| Girard Business Center | 15200 East Girard Avenue, 80014 | 38,882 | 1985 |
Worth noting among recent office completions on the Aurora market is 25551 E Smoky Hill Rd, which is currently the largest new office development in the city, at 6,679 square feet.
See reports for other markets
- Denver Office Rent Price
- Colorado Springs Office Rent Price
- Boulder Office Rent Price
- Fort Collins Office Rent Price
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- Washington Office Rent Price
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 2023 through December 31st 2023. Construction pipeline data represented herein is valid as of April 2024. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Aurora 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.