Compared to the rest of the Phoenix Metropolitan Area market, the East Morningside region has smaller rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 13 listings have been listed, which means office spaces most likley are going fast. You'll want to be prepared to make an offer immediately. About 8% of the listings in the East Morningside are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,400 sqft. Most buildings in this area were built in 1986 and are Class B.
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 bike is the most popular way to get to work amongst East Morningside occupants. Commuting between 30 and 45 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 East Morningside.
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