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Most commerial real estate listings for lease are in the $10's per square foot per year. The Cave Creek region is going through a decline in rates. In the last 3 months, the median rate for lease decreased $4 per sqft per year.
Compared to the rest of the Phoenix Metropolitan Area commercial real estate market, the Cave Creek submarket has lower rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 9 commercial real estate listings have been made available, which means new availabilities are probably leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard size for office space in this area is around 980 sqft. Most buildings in this market are around 1 floors. Most buildings in this area were built approximately 2007 and are Class B.
Real time and historical data on commercial real estate listings in Cave Creek.
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