Downtown Mesa Industrial

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Downtown Mesa

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
1,800
As of: February 22, 2017

Downtown Mesa Rates

On average, listings lease in the $10's per square foot per year. The Downtown Mesa submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 21% rise in rent.

Compared to the rest of the Phoenix Metropolitan Area market, the Downtown Mesa region has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.

Downtown Mesa Listing Supply

In the last 90 days, 5 listings have been posted online, which means leases 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 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 1,800 sqft. Most buildings in this region are approximately 2 floors. Most buildings in this region were built in 1968 and are Class B.

Downtown Mesa Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Downtown Mesa occupants. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

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

Market Data

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