Arizona Commercial Real Estate

201 W Guadalupe Rd - 2 Spaces Gilbert, AZ break room
Oct 21
1,100 - 3,590
sqft
Office
99 E Virginia Ave - Unit 120 Phoenix, AZ  
Oct 20
3,600
sqft
Office
CBIZ Plaza - 4 Spaces Phoenix, AZ  
Oct 19
180 - 3,890
sqft
Office

Arizona

Market Report

Number of Listings
Posted in the last 90 days
2235
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
1,810

Arizona Rates

On average, listings lease in the $20's per square foot per year. The Arizona submarket is going through a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 3% decline in rent.

Arizona Listing Supply

In the last 90 days, 19367 listings have been listed, so you'll want to check back regularly for new listings. About 7% of the available leases in the Arizona are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,810 sqft. Most buildings in this market are around 2 floors. Most buildings in this market were built in 1989 and are Class B.

Arizona Community

Market Data

Real time and historical data on commercial real estate listings in Arizona.
Research