Most listings are in the $20's per square foot per year. The Siete Square region is going through a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 3% decrease in rent.
Compared to the rest of the Phoenix Metropolitan Area market, the Siete Square submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 4 listings have been made available, which means new availabilities 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.
The standard measurement for office space in this area is around 2,430 sqft. Most properties in this region are approximately 3 stories. Most buildings in this region were built in 1986 and are Class B.
Health care is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Siete Square folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.