Retail Space for lease in Denver

Why implement your retail space in Denver? 

Denver offers a diverse and exciting market for retail space leasing, making it an attractive destination for businesses seeking a place to establish their storefronts. The city boasts a vibrant retail scene with a mix of popular shopping districts, malls, and emerging neighborhoods. From the trendy boutiques of LoDo (Lower Downtown) to the upscale shopping experience in Cherry Creek, there are abundant opportunities to find the perfect retail space that aligns with your business goals and target audience. 

With a growing population, a strong economy, and a thriving tourism industry, Denver provides a supportive environment for retailers to thrive. Whether you're a small boutique, a specialty shop, or a national brand, Denver offers a wide range of retail spaces for lease, allowing you to tap into the city's dynamic consumer market and make your mark in the retail landscape.

How much does it cost to rent a retail space in Denver?

The cost of renting a retail space in Denver can vary significantly depending on factors such as location, size, condition, and the specific neighborhood or shopping district. Rental prices for retail spaces are typically quoted as a price per square foot per year.

The average asking rent for retail spaces in Denver range from $20 to $50 per square foot annually. However, it's important to note that actual rental rates can vary widely based on factors such as the desirability of the location, foot traffic, proximity to amenities, and the specific characteristics of the property.

Prime retail locations in popular areas like LoDo, Cherry Creek, or the 16th Street Mall may command higher rents, while retail spaces in emerging neighborhoods or less central areas may offer more affordable rates.

To read: our U.S. Shopping Center MarketBeat report analyzes quarterly market activity nationally for the retail sector including supply, demand and pricing trends. 

Are retail space rents likely to increase in Denver?

Retail space rents in Denver may experience upward pressure in the coming years. Denver has seen steady population growth and a strong economy, attracting businesses and driving consumer demand. As the city continues to thrive, retail spaces in popular neighborhoods like LoDo, Cherry Creek, and RiNo may become increasingly sought-after, leading to potential rent increases. Additionally, the limited availability of prime retail locations and the ongoing development and revitalization of certain neighborhoods contribute to the potential for rising rents.

Popular neighborhoods in Denver

Denver offers several popular neighborhoods for leasing retail space, each with its unique character and target audience. Some of the notable neighborhoods include:

• LoDo (Lower Downtown): Known for its historic buildings and vibrant atmosphere, LoDo is a popular destination for dining, entertainment, and shopping. It attracts a mix of tourists, locals, and professionals, making it an ideal location for retailers looking for high foot traffic and a lively environment.
• Cherry Creek: Cherry Creek is an upscale neighborhood known for its luxury shopping, high-end boutiques, and renowned Cherry Creek Shopping Center. It caters to a discerning clientele seeking fashion, home decor, and fine dining experiences.
• RiNo (River North): RiNo is a dynamic and artistic neighborhood that has undergone significant revitalization in recent years. It is home to numerous galleries, craft breweries, trendy eateries, and unique retail concepts, making it an attractive choice for businesses seeking a hip and creative environment.
• Highlands: The Highlands neighborhood offers a mix of residential and commercial spaces, with a growing retail scene. Its charming streets feature boutiques, specialty shops, and local businesses catering to the neighborhood's diverse population.
• South Broadway: South Broadway, also known as the SoBo district, is a vibrant area lined with eclectic shops, vintage stores, art galleries, and an array of restaurants and bars. It appeals to a diverse crowd seeking alternative and independent retail experiences. 

Getting to and from Denver

There are several ways to get to and from Denver, including: 

• By air: Denver International Airport (DEN) is located approximately 25 miles northeast of downtown Denver and is served by numerous airlines with nonstop flights to destinations around the world.
• By car: Denver is well-connected to other major cities in the US by a network of highways, including I-25, I-70, and I-76, making it easy to drive to and from the city.
• By bus: Several bus companies, including Greyhound and Megabus, offer service to and from Denver, with routes connecting the city to destinations throughout the US.
• By train: Amtrak offers service to and from Denver's historic Union Station, with routes connecting the city to destinations including Chicago, San Francisco, and Salt Lake City.