On average, listings lease in the $20's per square foot per year. The Glendale region is experiencing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 6% decline in rent.
Compared to the rest of the Phoenix Metropolitan Area market, the Glendale region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 503 listings have been listed, so you'll want to check back regularly for new listings. About 12% of the office spaces in the Glendale 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 buildings in this region are around 1 stories. Most buildings in this area were built in 1997 and are Class B.
Real time and historical data on commercial real estate listings in Glendale.
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