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The typical asking rate per commerial real estate listing leases is in the $10's per square foot per year. The Phoenix Homesteads region is experiencing a an increase in rates. In the last 3 months, the median rate for lease rose $16 per sqft per year.
Compared to the rest of the Phoenix Metropolitan Area commercial real estate market, the Phoenix Homesteads region has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 30 commercial real estate listings have been made available, which means new availabilities most likley are going fast. 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 2,650 sqft. Most buildings in this area are around 2 floors. Most buildings in this market were built approximately 1985 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this region. Most of the folk of Phoenix Homesteads work from home. Commuting close to 30 minutes 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 Phoenix Homesteads.
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