Airpark Industrial

Airpark

Office Space Market Report

Number of Listings (last 90 days)
62
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
2,790
As of: May 19, 2017

Airpark Rates

On average, listings lease in the $20's per square foot per year. The Airpark region is going through a a boost in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 6% increase in rent.

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

Airpark Listing Supply

In the last 90 days, 62 listings have been made available, so you'll want to check back regularly for new listings. About 5% of the available leases in the Airpark are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 2,790 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are around 2 floors. Most buildings in this region were built in 1998 and are Class B.

Airpark Community

Education is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Airpark residents. Commuting approximately 30 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 Airpark.
Market Report

Market Data

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