Paradise Valley Retail

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The Plaza Companies
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4853 E Greenway Rd - Space Paradise Valley, Phoenix, AZ  
Aug 22
4859 E Greenway Rd - Space Paradise Valley, Phoenix, AZ  
Aug 22
7077 E Bell Rd - 3 Spaces Paradise Valley, Phoenix, AZ rate is negotiable
Jul 29
1,440 - 7,800
2625 E Greenway Pkwy - Space Phoenix, AZ  
Apr 01
Office Retail

Paradise Valley

Market Report

Number of Listings
Posted in the last 90 days
Median Rate ($/sqft/yr)
Median Size (sqft)

Paradise Valley Rates

The typical asking rate per listing is in the $30's per square foot per year. The Paradise Valley submarket is seeing a an increase in rates. In the last 3 months, the median rate went up $4 per sqft per year. That's a 13% rise in rent.

Compared to the rest of the Phoenix Metropolitan Area market, the Paradise Valley region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.

Paradise Valley Listing Supply

In the last 90 days, 879 listings have been made available, so you'll want to check back regularly for new listings. About 2% of the available leases in the Paradise 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 available, so finding a space for a small business might be tough.

Even though the median size is 2,510 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are approximately 2 stories. Most buildings in this area were built in 1999 and are Class B.

Paradise Valley Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this area. Commute by taxi is the most popular way to get to work amongst Paradise Valley folk. Commuting close to 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 Paradise Valley.