Downtown Scottsdale Industrial

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Downtown Scottsdale

Market Report

Number of Listings
Posted in the last 90 days
3
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
1,070

Downtown Scottsdale Rates

The typical asking rate per listing is in the $20's per square foot per year. The Downtown Scottsdale submarket is going through a decline in rates. In the last 3 months, the median rate fell $11 per sqft per year. That's a 30% decrease in rent.

Compared to the rest of the Phoenix Metropolitan Area market, the Downtown Scottsdale submarket has greater rates, and you'll need to make a great offer to be in this hot region.

Downtown Scottsdale Listing Supply

In the last 90 days, 515 listings have been made available, so you'll want to check back regularly for new listings. About 6% of the available leases in the Downtown Scottsdale 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 measurement for office space in this area is around 1,070 sqft. Most properties in this region are approximately 2 stories. Most buildings in this area were built in 1982 and are Class A.

Downtown Scottsdale Community

A large portion of this market is residential, but there's plenty of office_space. Manufacturing is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Downtown Scottsdale occupants. Commuting around an hour 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 Downtown Scottsdale.
Research