Most listings are in the $20's per square foot per year. The Tempe region is seeing a a rise in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 6% increase in rent.
Compared to the rest of the Phoenix Metropolitan Area market, the Tempe submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 1187 listings have come on the market, so you'll want to check back regularly for new listings. About 7% of the available space in the Tempe are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 1,210 sqft. Most buildings in this area are close to 2 stories. Most buildings in this region were built in 1987 and are Class B.
Real time and historical data on commercial real estate listings in Tempe.
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