Most listings are in the $10's per square foot per year. The Bonnie Lea submarket is seeing a a boost in rates. In the last 3 months, the median rate rose $17 per sqft per year.
Compared to the rest of the Phoenix Metropolitan Area market, the Bonnie Lea submarket has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 10 listings have been listed, which means spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. 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 1,120 sqft. Most properties in this area are close to 2 stories. Most buildings in this area were built in 1972 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this area. Commute by bike is the most popular way to get to work amongst Bonnie Lea occupants. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Bonnie Lea.
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