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Most commerial real estate listings for lease are in the $10's per square foot per year. The La Mancha submarket is seeing a an increase in rates. In the last 3 months, the median rate for lease increased $19 per sqft per year.
Compared to the rest of the Phoenix Metropolitan Area commercial real estate market, the La Mancha submarket has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 180 days, 28 commercial real estate listings have come on the market, which means leases might be going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard size for office space in this area is around 1,280 sqft. Most properties in this market are approximately 1 stories. Most buildings in this area were built approximately 1983.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Commute by car is the most popular way to get to work amongst La Mancha occupants. Commuting approximately an hour 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 La Mancha.
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