On average, listings lease in the $20's per square foot per year. The Airpark region is seeing a decline in rates. In the last 3 months, the median rate decreased $9 per sqft per year. That's a 28% decrease 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 region.
In the last 90 days, 63 listings have been posted online, so you'll want to check back regularly for new listings. About 3% of the available space 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 posted, so finding a space for a small business might be tough.
Even though the median size is 2,910 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are approximately 2 floors. Most buildings in this region were built in 1999 and are Class B.
Education is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Airpark occupants. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.