New River Industrial Space For Lease

New River

Market Report

Number of Listings For Lease
Posted in the last 90 days
1
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
2,830

New River Commercial Real Estate

Find New River commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Learn about New River commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

New River Rates

Most commerial real estate listings for lease are in the $20's per square foot per year. The New River submarket is seeing a an increase in rates. In the last 3 months, the median rate for lease rose $21 per sqft per year.

Compared to the rest of the Phoenix Metropolitan Area commercial real estate market, the New River submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.

New River Listing Supply

In the last 90 days, 10 commercial real estate listings have come on the market, which means leases are probably going fast. You'll want to be prepared to make an offer immediately. About 10% of the commercial real estate listings in the New River are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard size for office space in this area is around 2,830 sqft. Most buildings in this region are approximately 1 floors. Most buildings in this area were built around 2008 and are Class A.

New River Community

Market Data

Real time and historical data on commercial real estate listings in New River.
Research