Warehouse District Office Space For Lease

Warehouse District

Market Report

Number of Listings For Lease
Posted in the last 90 days
2
Median Size (sqft)
3,500

Warehouse District Commercial Real Estate

Find Warehouse District commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Learn about Warehouse District commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Warehouse District Rates

Most commerial real estate listings for lease are in the $20's per square foot per year. The Warehouse District region is going through a a boost in rates. In the last 3 months, the median rate for lease rose $26 per sqft per year.

Compared to the rest of the Phoenix Metropolitan Area commercial real estate market, the Warehouse District submarket has more expensive rates for rent, and you may need to make a great offer to be in this hot submarket.

Warehouse District Listing Supply

In the last 90 days, 5 commercial real estate listings have been posted online, which means spaces are probably going fast. You'll want to be prepared to make an offer immediately. About 40% of the commercial real estate listings in the Warehouse District 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 posted, so finding a space for a small business might be tough.

The standard size for office space in this area is around 26,170 sqft. Most properties in this region are approximately 2 stories. Most buildings in this market were built around 1940.

Warehouse District Community

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 region. Commute by walking is the most popular way to get to work amongst Warehouse District residents. Commuting close to an hour 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 Warehouse District.
Research