The typical asking rate per listing is in the $20's per square foot per year. The Paradise Ranchitos submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $27 per sqft per year.
Compared to the rest of the Phoenix Metropolitan Area market, the Paradise Ranchitos submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 2 listings have been listed, which means spaces most likley are 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 1,560 sqft. Most properties in this market are close to 1 floors. Most buildings in this area were built in 2008 and are Class B.
A large portion of this region is residential, but there's plenty of office_space. Arts, entertainment, and restaurants are the dominant industries in this market. Commute by public transit is the most popular way to get to work amongst Paradise Ranchitos occupants. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.