2023 Office Space Rent & Sales
- $23.75 2023 Avg. Asking Rent
- 1.74% Y-o-Y Avg. Asking Rent Change
- 21.17% 2023 Office Vacancy Rate
Fort Collins office price per square foot in 2023 was $23.75 on average. This marked a +1.74% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 21.17% 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
Fort Collins, CO Office Asking Rents by Class
Coworking Spaces in Colorado
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2023 Office Construction in Fort Collins, CO
Office building | Address | SF | Completed |
---|---|---|---|
Block 23 | 343 N College Ave, 80524 | 20,000 | 2022 |
Block 23 | 343 N College Ave, 80524 | 20,000 | 2022 |
221 East Mountain Avenue | 221 East Mountain Avenue, 80524 | 72,944 | 2019 |
1640 Riverside Ave. | 1640 Riverside Ave., 80202 | 7,032 | 2018 |
Harmony Technology Park - 5042 Technology Pkwy | 5042 Technology Pkwy, 80528 | 49,900 | 2013 |
Front Range Village - 4321-4431 Corbett Drive, 2733 & 2842 Council Tree Avenue | 4345 Corbett Drive, 80525 | 331,302 | 2008 |
204 Maple St #102 | 204 Maple St, 80521 | 956 | 2008 |
Great Western Bank Plaza | 3711 John F. Kennedy Parkway, 80525 | 45,600 | 2007 |
4102 South Timberline Road | 4102 South Timberline Road, 80525 | 26,604 | 2006 |
Riverbend Trail Offices | 2121 Midpoint Drive, 80525 | 21,600 | 2006 |
Worth noting among recent office completions on the Fort Collins market is Block 23, which is currently the largest new office development in the city, at 20,000 square feet.
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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 Fort Collins 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.