Paradise Valley Industrial Space For Lease

Paradise Valley

Market Report

Number of Listings For Lease
Posted in the last 90 days
86
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
850

Paradise Valley Commercial Real Estate

Find Paradise Valley 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. Find a Paradise Valley commercial real estate broker in Paradise Valley's Top Broker Directory. Learn about Paradise Valley commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Paradise Valley Rates

Most commerial real estate listings for lease are in the $20's per square foot per year. The Paradise Valley submarket is experiencing a a rise in rates. In the last 3 months, the median rate for lease increased $5 per sqft per year. That's a 22% increase in rent.

Compared to the rest of the Phoenix Metropolitan Area commercial real estate market, the Paradise Valley region has greater rates for rent, and you may need to make a great offer to be in this hot submarket.

Paradise Valley Listing Supply

In the last 90 days, 879 commercial real estate listings have come on the market, so you'll want to check back regularly for new listings. About 0% of the commercial real estate listings in the Paradise Valley 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 850 sqft. Most properties in this area are around 2 stories. Most buildings in this area were built around 1998 and are Class B.

Paradise Valley Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this market. Commute by taxi is the most popular way to get to work amongst Paradise Valley occupants. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Paradise Valley.
Research