Compared to the rest of the Phoenix Metropolitan Area market, the New River submarket has lower rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 12 listings have come on the market, which means office spaces 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 5,400 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this market are close to 1 stories. Most buildings in this area were built in 2003 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst New River folk. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.