New River Retail

New River

Market Report

Number of Listings
Posted in the last 90 days
6
Median Rate ($/sqft/yr)
$33
Median Size (sqft)
4,450

Compared to the rest of the Phoenix Metropolitan Area market, the New River submarket has greater rates, and you'll need to pay a premium to be in this hot submarket.

New River Listing Supply

In the last 90 days, 75 listings have been listed, so you'll want to check back regularly for new listings. About 8% of the office spaces in the New River are subleases, so you will probably have to focus your search on direct office leases. 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 4,450 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are around 1 stories. Most buildings in this region were built in 2003 and are Class A.

New River Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst New River residents. Commuting approximately 10 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 New River.
Research