The typical asking rate per listing is in the $10's per square foot per year. The Val Vista Lakes region is going through a decrease in rates. In the last 3 months, the median rate decreased $51 per sqft per year. That's a 72% decline in rent.
Compared to the rest of the Phoenix Metropolitan Area market, the Val Vista Lakes region has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 4 listings have been made available, which means listings are probably 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 1,180 sqft. Most buildings in this market were built in 2003 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Val Vista Lakes residents. Commuting approximately an hour and a half a day is the norm for those who opt to reside in this part of town.