Sonoran Retail

Sonoran

Market Report

Number of Listings
Posted in the last 90 days
23
Median Rate ($/sqft/yr)
$34
Median Size (sqft)
2,320

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

Sonoran Listing Supply

In the last 90 days, 306 listings have come on the market, so you'll want to check back regularly for new listings. About 7% of the office spaces in the Sonoran are subleases, so you will probably have to consider a longer term lease. 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 2,790 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are around 2 stories. Most buildings in this market were built in 2005 and are Class A.

Sonoran Community

A large portion of this market is residential, but there's plenty of office_space. Real estate is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Sonoran occupants. Commuting between 30 and 45 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 Sonoran.
Research