Most listings are in the $20's per square foot per year. The Gilbert submarket is seeing a decline in rates. In the last 3 months, the median rate fell $6 per sqft per year. That's a 18% decline in rent.
Compared to the rest of the Phoenix Metropolitan Area market, the Gilbert submarket has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 524 listings have been listed, so you'll want to check back regularly for new listings. About 6% of the available leases in the Gilbert are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 3,850 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are approximately 1 stories. Most buildings in this region were built in 2006 and are Class B.
Real time and historical data on commercial real estate listings in Gilbert.
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