Maryvale Industrial

Maryvale

Office Space Market Report

Number of Listings (last 90 days)
18
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
4,230
As of: December 5, 2016

Maryvale Rates

On average, listings lease in the $20's per square foot per year. The Maryvale region is experiencing a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 4% decline in rent.

Compared to the rest of the Phoenix Metropolitan Area market, the Maryvale submarket has more expensive rates, and you'll need to make a great offer to be in this hot submarket.

Maryvale Listing Supply

In the last 90 days, 18 listings have been posted online, which means office spaces are probably going fast. You'll want to be prepared to make an offer immediately. 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 4,230 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are around 1 stories. Most buildings in this area were built in 2004 and are Class B.

Maryvale 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 area. Commute by car is the most popular way to get to work amongst Maryvale folk. Commuting more than an hour and a half 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 Maryvale.
Market Report

Market Data

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