Surprise Industrial

Need Help Finding Space?
Ensemble Real Estate Solutions
I represent tenants and can
help you go see this space.

Surprise

Market Report

Number of Listings
Posted in the last 90 days
10
Median Rate ($/sqft/yr)
$35
Median Size (sqft)
1,560

Surprise Rates

Most listings are in the $30's per square foot per year. The Surprise submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $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 greater rates, and you'll need to make a great offer to be in this hot submarket.

Surprise Listing Supply

In the last 90 days, 109 listings have been posted online, so you'll want to check back regularly for new listings. About 12% of the available space in the Surprise are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, 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 properties in this region are close to 1 stories. Most buildings in this market 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