The typical asking rate per listing is in the $20's per square foot per year. The Copper Square region is going through a decline in rates. In the last 3 months, the median rate decreased $14 per sqft per year. That's a 35% decline in rent.
Compared to the rest of the Phoenix Metropolitan Area market, the Copper Square region has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 1 listings have been listed, which means new listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. 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 2,100 sqft. Most properties in this market are approximately 24 floors. Most buildings in this region were built in 1987 and are Class A.
Manufacturing is the dominant industry in this market. Most of the residents of Copper Square work from home. Commuting around 10 minutes a day is the norm for those who opt to reside in this part of town.