On average, listings lease in the $10's per square foot per year. The Village at Sonoran Canyon Condominiums region is seeing a an increase in rates. In the last 3 months, the median rate increased $16 per sqft per year.
Compared to the rest of the Phoenix Metropolitan Area market, the Village at Sonoran Canyon Condominiums region has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 22 listings have come on the market, which means new availabilities are probably going fast. You'll want to be prepared to make an offer immediately. About 5% of the available space in the Village at Sonoran Canyon Condominiums 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,230 sqft. Most buildings in this region were built in 2007 and are Class B.
This region is fairly equally mixed residential and commercial. Wholesale trade is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Village at Sonoran Canyon Condominiums residents. Commuting between 20 and 25 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 Village at Sonoran Canyon Condominiums.
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