Falcon Field Industrial

Falcon Field

Office Space Market Report

Number of Listings (last 90 days)
13
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
3,000
As of: June 24, 2017

Falcon Field Rates

Most listings are in the $10's per square foot per year. The Falcon Field submarket is experiencing a an increase in rates. In the last 3 months, the median rate rose $16 per sqft per year.

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

Falcon Field Listing Supply

In the last 90 days, 13 listings have been posted online, which means leases most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 123% of the listings in the Falcon Field 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 posted, so finding a space for a small business might be tough.

Even though the median size is 3,000 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are close to 2 stories. Most buildings in this market were built in 2005 and are Class B.

Falcon Field Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Falcon Field occupants. Commuting approximately an hour 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 Falcon Field.
Market Report

Market Data

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