Most listings are in the $30's per square foot per year. The Gilbert Ranch submarket is going through a a rise in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 7% rise in rent.
Compared to the rest of the Phoenix Metropolitan Area market, the Gilbert Ranch submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 6 listings have been posted online, which means spaces most likley are going fast. You'll want to be prepared to make an offer immediately. About 33% of the listings in the Gilbert Ranch are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 7,800 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region were built in 2012.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Gilbert Ranch residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Gilbert Ranch.
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