Arizona Industrial

Arizona

Office Space Market Report

Number of Listings (last 90 days)
1,801
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
1,840
As of: February 20, 2017

Arizona Rates

Most listings are in the $20's per square foot per year. The Arizona region is seeing a decrease in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 8% decrease in rent.

Arizona Listing Supply

In the last 90 days, 1910 listings have been made available, so you'll want to check back regularly for new listings. About 3% of the available leases in the Arizona are subleases, so you will probably have to consider a longer term lease. 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 measurement for office space in this area is around 1,850 sqft. Most properties in this market are approximately 2 stories. Most buildings in this market were built in 1990 and are Class B.

Arizona Community

Market Report

Trends and status of the commercial real estate market in Arizona.
Market Report

Market Data

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