Monterey Arcadia Industrial Space

Monterey Arcadia

Market Report

Number of Listings
Posted in the last 90 days
7
Median Rate ($/sqft/yr)
$39
Median Size (sqft)
4,270

Monterey Arcadia Rates

The typical asking rate per listing is in the $30's per square foot per year. The Monterey Arcadia region is experiencing a a boost in rates. In the last 3 months, the median rate went up $15 per sqft per year. That's a 59% increase in rent.

Compared to the rest of the Phoenix Metropolitan Area market, the Monterey Arcadia submarket has more expensive rates, and you'll need to make a great offer to be in this hot submarket.

Monterey Arcadia Listing Supply

In the last 90 days, 167 listings have been listed, so you'll want to check back regularly for new listings. About 5% of the available space in the Monterey Arcadia 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.

Even though the median size is 4,270 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are around 1 floors. Most buildings in this region were built in 1983 and are Class B.

Monterey Arcadia Community

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 region. Most of the residents of Monterey Arcadia work from home. Commuting approximately 30 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 Monterey Arcadia.
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