The typical asking rate per listing is in the $10's per square foot per year. The Falcon Field region is seeing a an increase in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 17% increase in rent.
Compared to the rest of the Phoenix Metropolitan Area market, the Falcon Field submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 125 listings have been listed, so you'll want to check back regularly for new listings. About 6% of the listings in the Falcon Field are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 2,860 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are approximately 1 floors. Most buildings in this area were built in 2006 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Falcon Field occupants. Commuting approximately an hour 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 Falcon Field.
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