Village at Sonoran Canyon Condominiums Industrial

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Village at Sonoran Canyon Condominiums

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
2,230
As of: May 23, 2017

Village at Sonoran Canyon Condominiums Rates

The typical asking rate per listing is in the $10's per square foot per year. The Village at Sonoran Canyon Condominiums region is going through a decline in rates. In the last 3 months, the median rate decreased $8 per sqft per year. That's a 33% decrease in rent.

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

Village at Sonoran Canyon Condominiums Listing Supply

In the last 90 days, 3 listings have been made available, which means leases are probably going fast. You'll want to be prepared to tour spaces as quick as possible. 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 2,230 sqft. Most buildings in this area were built in 2007 and are Class B.

Village at Sonoran Canyon Condominiums Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Village at Sonoran Canyon Condominiums occupants. Commuting between 20 and 25 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 Village at Sonoran Canyon Condominiums.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Village at Sonoran Canyon Condominiums.
Research