North Mountain Industrial

North Mountain

Office Space Market Report

Number of Listings (last 90 days)
148
Median Rate ($/sqft/yr)
$19
Median Size (sqft)
1,340
As of: December 2, 2016

North Mountain Rates

The typical asking rate per listing is in the $10's per square foot per year. The North Mountain region is going through a a boost in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 4% rise in rent.

Compared to the rest of the Phoenix Metropolitan Area market, the North Mountain region has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.

North Mountain Listing Supply

In the last 90 days, 146 listings have come on the market, so you'll want to check back regularly for new listings. About 1% of the office spaces in the North Mountain are subleases, so you will probably have to consider a longer term lease. 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 1,260 sqft. Most buildings in this market are around 2 floors. Most buildings in this region were built in 1984 and are Class B.

North Mountain Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this area. Commute by car is the most popular way to get to work amongst North Mountain residents. Commuting close to 15 minutes 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 North Mountain.
Market Report

Market Data

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