Cactus Office Space

Cactus

Market Report

Number of Listings
Posted in the last 90 days
8
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
2,530

Cactus Rates

The typical asking rate per listing is in the $20's per square foot per year. The Cactus submarket is experiencing a a boost in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 11% increase in rent.

Compared to the rest of the Phoenix Metropolitan Area market, the Cactus region has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.

Cactus Listing Supply

In the last 90 days, 74 listings have been posted online, so you'll want to check back regularly for new listings. About 12% of the available leases in the Cactus 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.

Even though the median size is 2,530 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are approximately 1 floors. Most buildings in this area were built in 1981 and are Class B.

Cactus Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this area. Most of the residents of Cactus work from home. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Cactus.
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