Sonoran Commercial Real Estate For Lease

9024 E Bahia Dr - 2 Spaces Sonoran, Scottsdale, AZ break area
Aug 24
3,350 - 4,150
sqft
Office Industrial

Sonoran

Market Report

Number of Listings For Lease
Posted in the last 90 days
15
Median Rate ($/sqft/yr)
$35
Median Size (sqft)
650

Sonoran Commercial Real Estate

Find Sonoran commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Learn about Sonoran commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Sonoran Rates

Most commerial real estate listings for lease are in the $30's per square foot per year. The Sonoran region is going through a an increase in rates. In the last 3 months, the median rate for lease rose $2 per sqft per year. That's a 6% increase in rent.

Compared to the rest of the Phoenix Metropolitan Area commercial real estate market, the Sonoran submarket has greater rates for rent, and you may have to negotiate above asking rent to be in this hot submarket.

Sonoran Listing Supply

In the last 90 days, 306 commercial real estate listings have been listed, so you'll want to check back regularly for new listings. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard size for office space in this area is around 2,320 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this area were built approximately 2005 and are Class A.

Sonoran Community

A large portion of this region is residential, but there's plenty of office space. Real estate is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Sonoran occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Sonoran.
Research