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On average, commerial real estate listings lease in the $30's per square foot per year. The Peoria region is experiencing a decrease in rates. In the last 3 months, the median rate for lease decreased $7 per sqft per year.
Compared to the rest of the Phoenix Metropolitan Area commercial real estate market, the Peoria region has greater rates for rent, and you may need to pay a premium to be in this hot submarket.
In the last 180 days, 276 commercial real estate listings have come on the market, so you'll want to check back regularly for new listings. 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 size for office space in this area is around 1,450 sqft. Most buildings in this region are approximately 1 stories. Most buildings in this market were built approximately 2004 and are Class B.
Real time and historical data on commercial real estate listings in Peoria.
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