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Tempe Office Space For Sale

Tempe

Market Report

Number of Listings For Sale
Posted in the last 90 days
18
Median Size (sqft)
500

Tempe Commercial Real Estate

Find Tempe 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. Find a Tempe commercial real estate broker in Tempe's Top Broker Directory. Learn about Tempe commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Tempe Rates

Most commerial real estate listings for lease are in the $20's per square foot per year. The Tempe region is going through a a boost in rates. In the last 3 months, the median rate for lease went up $1 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 Tempe submarket has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.

Tempe Listing Supply

In the last 90 days, 1187 commercial real estate listings have been listed, so you'll want to check back regularly for new listings. About 0% of the available commercial real estate leases 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 posted, so finding a space for a small business might be tough.

The standard size for office space in this area is around 500 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this market were built approximately 1986 and are Class B.

Tempe Community

Market Data

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