On average, listings lease in the $30's per square foot per year. The Rome Towers Condominiums submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 11% decrease in rent.
Compared to the rest of the Phoenix Metropolitan Area market, the Rome Towers Condominiums region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 2 listings have been listed, which means office spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,340 sqft. Most properties in this region are around 5 stories. Most buildings in this market were built in 2007 and are Class A.
Utilities is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Rome Towers Condominiums occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.