Arizona Industrial

Arizona

Office Space Market Report

Number of Listings (last 90 days)
1,683
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
1,950
As of: June 26, 2017

Arizona Rates

The typical asking rate per listing is in the $20's per square foot per year. The Arizona submarket is going through a an increase in rates. In the last 3 months, the median rate rose $25 per sqft per year.

Arizona Listing Supply

In the last 90 days, 1683 listings have been posted online, so you'll want to check back regularly for new listings. About 79% of the office spaces in the Arizona are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 1,910 sqft. Most properties in this area are close to 2 floors. 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