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.
Research
Get email notifications when new listings are posted that match your requirements.
