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Most commerial real estate listings for lease are in the $30's per square foot per year. The Peoria submarket is going through a a rise in rates. In the last 3 months, the median rate for lease rose $9 per sqft per year. That's a 38% rise in rent.
Compared to the rest of the Phoenix Metropolitan Area commercial real estate market, the Peoria submarket has higher rates for rent, and you may need to make a great offer to be in this hot submarket.
In the last 90 days, 276 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 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 1,450 sqft. Most properties in this region are around 1 stories. Most buildings in this market were built approximately 2005 and are Class B.
Real time and historical data on commercial real estate listings in Peoria.
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