Surprise Industrial

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Surprise

Market Report

Number of Listings
Posted in the last 90 days
3
Median Rate ($/sqft/yr)
$35
Median Size (sqft)
1,560

Surprise Rates

On average, listings lease in the $30's per square foot per year. The Surprise region is going through a a rise in rates. In the last 3 months, the median rate increased $11 per sqft per year. That's a 48% rise in rent.

Compared to the rest of the Phoenix Metropolitan Area market, the Surprise submarket has more expensive rates, and you'll need to pay a premium to be in this hot region.

Surprise Listing Supply

In the last 90 days, 109 listings have come on the market, so you'll want to check back regularly for new listings. About 13% of the available leases in the Surprise are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,560 sqft. Most buildings in this area are close to 1 floors. Most buildings in this area were built in 2005 and are Class B.

Surprise Community

Market Data

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