Most listings are in the $30's per square foot per year. The Deer Valley submarket is going through a a boost in rates. In the last 3 months, the median rate went up $12 per sqft per year. That's a 50% increase in rent.
Compared to the rest of the Phoenix Metropolitan Area market, the Deer Valley submarket has higher rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 453 listings have come on the market, so you'll want to check back regularly for new listings. About 3% of the listings in the Deer Valley 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 149,210 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are close to 1 floors. Most buildings in this area were built in 2001 and are Class B.
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 car is the most popular way to get to work amongst Deer Valley residents. Commuting close to 10 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 Deer Valley.
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