Aurora, Colorado, is a prime destination for businesses looking to establish a strong presence in the region, with its diverse economy, excellent infrastructure, and highly educated workforce. With a population of around 380,000, Aurora offers a unique blend of urban and suburban living, making it an attractive location for companies seeking to lease commercial real estate properties. The city's strategic location, straddling Interstate 70, Interstate 225, and the E-470 beltway, provides easy access to major transportation hubs, including Denver International Airport. Additionally, Aurora is home to several major employers, including Lockheed Martin Corporation, Staples Inc., and United Natural Foods, which contributes to its thriving business environment. The city's many amenities, such as the Anschutz Medical Campus, over 100 parks, and six municipal golf courses, make it an ideal location for businesses and employees alike.
Aurora's commercial real estate market offers a range of options for businesses, with 263 properties available for lease. The average annual rent per square foot is $19 USD, and the average size of available properties is 47,575 square feet, with a maximum space size of 28,314,000 square feet. In addition to commercial real estate properties, Aurora also offers office space, coworking space, retail space, and industrial space, each with its unique characteristics and advantages. Office space is available in various locations, including downtown Aurora and the surrounding suburbs. Coworking space is ideal for startups and entrepreneurs, offering flexible and collaborative work environments. Retail space is plentiful, with many shopping centers, including the Town Center at Aurora and The Gardens on Havana. Industrial space is also available, with easy access to major transportation routes and logistics hubs. Overall, Aurora's commercial real estate market offers a diverse range of options, making it an attractive location for businesses of all sizes and industries.
What factors should I consider when leasing commercial real estate?
When leasing commercial real estate in Aurora, Colorado, there are several key factors to consider, including:
- Location and accessibility, with proximity to major transportation hubs like Interstate 70, Interstate 225, and the E-470 beltway, as well as the Regional Transportation District's light rail transit system, being crucial for employee and customer convenience.
- The size and layout of the space, with average sizes ranging from 47,575 square feet to 28,314,000 square feet, and the ability to accommodate your business's specific needs and growth plans.
- The cost and terms of the lease, including the average annual rent per square foot of $19 USD, and the availability of 263 listings to choose from, allowing you to find the best fit for your business's budget and goals.
How do I determine the right size and type of commercial property to rent for my business needs?
When determining the right size and type of commercial property to rent for your business needs in Aurora, Colorado, it's essential to consider factors such as the number of employees, equipment, and inventory requirements, as well as the desired location and amenities. With 263 available listings of commercial real estate for lease in Aurora, you'll want to narrow down your options by identifying your specific needs and priorities.
- Assess your business's spatial requirements by calculating the square footage needed per employee, taking into account workstations, meeting rooms, and common areas, as well as any special equipment or inventory storage needs. For example, you may require a space with a minimum of 47,575 square feet or up to 28,314,000 square feet.
- Consider the type of commercial property that best suits your business, such as office space, retail, industrial, or flex space, and look for properties that offer amenities like parking, loading docks, or proximity to public transportation.
- Research the local market to determine a fair rent range, taking into account the average annual rent per square foot in Aurora, which is currently $19 USD.
