Downtown Phoenix Office Space

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310 S 4th St - Space Downtown Phoenix, Phoenix, AZ  
Sep 22
3,500
sqft
Office
435 S. 3rd Avenue - Space Downtown Phoenix, Phoenix, AZ  
Sep 01
7,510
sqft
Sublease Industrial Office

Downtown Phoenix

Market Report

Number of Listings
Posted in the last 90 days
8
Median Rate ($/sqft/yr)
$45
Median Size (sqft)
3,590

Compared to the rest of the Phoenix Metropolitan Area market, the Downtown Phoenix submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.

Downtown Phoenix Listing Supply

In the last 90 days, 372 listings have been made available, so you'll want to check back regularly for new listings. About 3% of the listings in the Downtown Phoenix are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 3,590 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are approximately 14 floors. Most buildings in this region were built in 1972 and are Class A.

Downtown Phoenix Community

This region is fairly equally mixed residential and commercial. Waste services is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Downtown Phoenix residents. Commuting between 30 and 45 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 Downtown Phoenix.
Research