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Compared to the rest of the Phoenix Metropolitan Area commercial real estate market, the Scottsdale Ranch submarket has higher rates for rent, and you may have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 15 commercial real estate listings have come on the market, which means new listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 7% of the commercial real estate listings in the Scottsdale Ranch are subleases, so you will probably have to focus your search on direct 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 size for office space in this area is around 830 sqft. Most properties in this market are close to 2 floors. Most buildings in this area were built around 1987 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Scottsdale Ranch folk. Commuting close to an hour 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 Scottsdale Ranch.
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