Compared to the rest of the Phoenix Metropolitan Area market, the Grayhawk region has more expensive rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 1 listings have been posted online, which means listings might be going fast. You'll want to be prepared to make an offer immediately. About 500% of the listings in the Grayhawk are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 1,170 sqft. Most properties in this market are approximately 1 stories. Most buildings in this area were built in 2006 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this region. Most of the occupants of Grayhawk work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.