On average, listings lease in the $30's per square foot per year. The Ahwatukee Foothills submarket is experiencing a an increase 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 submarket has more expensive rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 330 listings have been posted online, 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 available, 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 approximately 2 floors. Most buildings in this area 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 market. Commute by motorcycle is the most popular way to get to work amongst Ahwatukee Foothills occupants. 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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