The typical asking rate per listing is in the $10's per square foot per year. The Phoenix Homesteads region is experiencing a a rise in rates. In the last 3 months, the median rate rose $16 per sqft per year.
Compared to the rest of the Phoenix Metropolitan Area market, the Phoenix Homesteads submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 6 listings have been posted online, which means listings most likley are going fast. You'll want to be prepared to make an offer immediately. About 117% of the listings in the Phoenix Homesteads are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 2,650 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are close to 2 floors. Most buildings in this market were built in 1985 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this area. Most of the folk of Phoenix Homesteads work from home. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.