Gilbert Industrial

Gilbert

Office Space Market Report

Number of Listings (last 90 days)
524
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
4,580
As of: August 17, 2017

Gilbert Rates

Most listings are in the $20's per square foot per year. The Gilbert region is seeing a a boost in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 11% rise in rent.

Compared to the rest of the Phoenix Metropolitan Area market, the Gilbert submarket has greater rates, and you'll need to pay a premium to be in this hot submarket.

Gilbert Listing Supply

In the last 90 days, 38 listings have been made available, which means new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 89% of the available leases in the Gilbert are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 4,580 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are around 1 stories. Most buildings in this market were built in 2006 and are Class B.

Gilbert Community

Market Report

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

Market Data

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