Airpark Industrial

Airpark

Office Space Market Report

Number of Listings (last 90 days)
62
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
2,720
As of: June 25, 2017

Airpark Rates

Most listings are in the $30's per square foot per year. The Airpark region is seeing a an increase in rates. In the last 3 months, the median rate increased $32 per sqft per year.

Compared to the rest of the Phoenix Metropolitan Area market, the Airpark submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Airpark Listing Supply

In the last 90 days, 62 listings have come on the market, so you'll want to check back regularly for new listings. About 50% of the listings in the Airpark are subleases, so you might be able to find a shorter term or below market rent. 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 2,720 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are close to 2 stories. Most buildings in this region were built in 1998 and are Class B.

Airpark Community

Education is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Airpark folk. Commuting close to 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