On average, listings lease in the $30's per square foot per year. The Ahwatukee Foothills submarket is seeing a a boost in rates. In the last 3 months, the median rate rose $5 per sqft per year. That's a 18% rise in rent.
Compared to the rest of the Phoenix Metropolitan Area market, the Ahwatukee Foothills region has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 330 listings have been made available, so you'll want to check back regularly for new listings. About 5% of the office spaces in the Ahwatukee Foothills 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 1,740 sqft. Most buildings in this area are around 2 floors. Most buildings in this region were built in 1999 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst Ahwatukee Foothills folk. Commuting close to an hour and a half 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 Ahwatukee Foothills.
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