The typical asking rate per listing is in the $10's per square foot per year. The Avondale region is experiencing a decline in rates. In the last 3 months, the median rate decreased $28 per sqft per year. That's a 64% decline in rent.
Compared to the rest of the Phoenix Metropolitan Area market, the Avondale submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 66 listings have been made available, so you'll want to check back regularly for new listings. About 12% of the available space in the Avondale 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,210 sqft. Most buildings in this market are around 1 floors. Most buildings in this market were built in 2005 and are Class B.
Real time and historical data on commercial real estate listings in Avondale.
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