On average, listings lease in the $20's per square foot per year. The Via Linda Corridor region is seeing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 5% decline in rent.
Compared to the rest of the Phoenix Metropolitan Area market, the Via Linda Corridor region has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 301 listings have been listed, so you'll want to check back regularly for new listings. About 15% of the available space in the Via Linda Corridor are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,840 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this area were built in 1998 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Via Linda Corridor folk. Commuting around 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 Via Linda Corridor.
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