Most listings are in the $30's per square foot per year. The Tempe submarket is going through a a boost in rates. In the last 3 months, the median rate went up $8 per sqft per year. That's a 35% increase in rent.
Compared to the rest of the Phoenix Metropolitan Area market, the Tempe submarket has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 1187 listings have been listed, so you'll want to check back regularly for new listings. About 6% of the office spaces in the Tempe 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 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 1,130 sqft. Most buildings in this market are close to 2 floors. Most buildings in this area were built in 1986 and are Class B.
Real time and historical data on commercial real estate listings in Tempe.
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