How much does it cost to rent a warehouse in Denver? The answer depends on more than the advertised rental rate. Warehouse size, location, building features, and triple net (NNN) expenses all affect what a tenant actually pays.
Understanding these costs—and knowing which lease terms to negotiate—can help tenants budget for the right space and landlords price their properties competitively.
In this solo episode, Aviva Sonenreich explains how warehouse rental rates work in the Denver metro area, using a real industrial property in Brighton, Colorado, to break down base rent, triple net expenses, and total occupancy costs.
She shares a practical starting point for budgeting for smaller warehouse spaces, explains how tenant demand influences rental pricing, and walks through five warehouse leasing tips for landlords and tenants. Aviva also covers how to negotiate commercial lease terms, including why a lower starting base rent may be more valuable over time than a short period of free rent.
Key Topics Discussed
- How warehouse rental rates in Denver are calculated and why advertised base rent is different from total occupancy cost.
- What tenants should know about triple net (NNN) leases, including how property taxes, insurance, and maintenance expenses affect their monthly payments.
- How to budget for smaller warehouse spaces in the Denver metro area using a starting estimate of $14–$16 per square foot annually, including estimated NNN expenses.
- How warehouse size, location, building features, and tenant demand influence industrial rental rates.
- Why landlords may need to adjust their asking rent when a warehouse receives limited tenant interest.
- How a tenant’s credit, business use, and operational requirements can influence lease negotiations.
- Which commercial lease terms tenants and landlords can negotiate, including base rent, free rent, tenant improvements, security deposits, and renewal options.
- Why working with an experienced industrial real estate broker can help tenants evaluate properties and landlords market their available space.
- How negotiating a lower starting base rent can affect total lease costs over time, especially when annual rent increases are included.
About the Host
Aviva Sonenreich is the Managing Broker and Owner of the Warehouse Hotline, a Denver commercial real estate brokerage specializing exclusively in industrial properties. She leads the firm’s brokerage operations, negotiates industrial sales and leasing transactions, advises clients on acquisition and disposition strategies, and oversees the company’s marketing and business development efforts. Through Commercial Real Estate Secrets, she interviews leading investors, brokers, developers, and industry experts to provide actionable insights on commercial real estate investing, brokerage, leasing, development, and market trends.
Need Help Leasing a Warehouse in Denver?
Whether you’re a business trying to understand your true occupancy cost or a property owner deciding how to price a vacant warehouse, the asking rent is only part of the equation.
The Warehouse Hotline helps Denver-area tenants find industrial space, evaluate lease terms, and negotiate with landlords. We also help industrial property owners set market-informed asking rents, market their vacancies, and secure tenants.



