South Mountain Industrial

South Mountain

Office Space Market Report

Number of Listings (last 90 days)
22
Median Rate ($/sqft/yr)
$15
Median Size (sqft)
4,680
As of: February 26, 2017

South Mountain Rates

Most listings are in the $10's per square foot per year. The South Mountain region is experiencing a an increase in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 7% rise in rent.

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

South Mountain Listing Supply

In the last 90 days, 22 listings have been made available, which means spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 4,680 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are close to 1 stories. Most buildings in this market were built in 1998 and are Class B.

South Mountain Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst South Mountain occupants. Commuting between 30 and 45 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 South Mountain.
Market Report

Market Data

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