The typical asking rate per listing is in the $20's per square foot per year. The Ahwatukee Foothills submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 12% increase in rent.
Compared to the rest of the Phoenix Metropolitan Area market, the Ahwatukee Foothills region has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 19 listings have been posted online, which means new availabilities 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,990 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this area were built in 2001 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst Ahwatukee Foothills occupants. Commuting around an hour and a half a day is the norm for those who opt to reside in this part of town.