Alhambra Industrial


Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 20, 2016

Alhambra Rates

The typical asking rate per listing is in the $20's per square foot per year. The Alhambra region is seeing a decline in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 8% decrease in rent.

Compared to the rest of the Phoenix Metropolitan Area market, the Alhambra submarket has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.

Alhambra Listing Supply

In the last 90 days, 52 listings have been listed, so you'll want to check back regularly for new listings. About 6% of the available leases in the Alhambra are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 1,790 sqft. Most properties in this region are around 2 floors. Most buildings in this market were built in 1977 and are Class C.

Alhambra Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this market. Commute by taxi is the most popular way to get to work amongst Alhambra occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.