Downtown Tempe Retail

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Downtown Tempe

Market Report

Number of Listings
Posted in the last 90 days
11
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
470

Compared to the rest of the Phoenix Metropolitan Area market, the Downtown Tempe submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.

Downtown Tempe Listing Supply

In the last 90 days, 88 listings have been posted online, so you'll want to check back regularly for new listings. About 6% of the available space in the Downtown Tempe 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.

The standard measurement for office space in this area is around 470 sqft. Most buildings in this region are approximately 8 stories. Most buildings in this region were built in 1991 and are Class B.

Downtown Tempe Community

Information is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Downtown Tempe occupants. Commuting around 30 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 Downtown Tempe.
Research