Indian Bend Industrial

Indian Bend

Office Space Market Report

Number of Listings (last 90 days)
16
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
2,490
As of: August 21, 2017

Indian Bend Rates

On average, listings lease in the $20's per square foot per year. The Indian Bend submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $11 per sqft per year. That's a 67% rise in rent.

Compared to the rest of the Phoenix Metropolitan Area market, the Indian Bend submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.

Indian Bend Listing Supply

In the last 90 days, 16 listings have been listed, which means new availabilities are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 56% of the available leases in the Indian Bend are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,490 sqft. Most buildings in this area are approximately 2 stories. Most buildings in this market were built in 1984 and are Class B.

Indian Bend Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Indian Bend residents. Commuting under 5 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 Indian Bend.
Market Report

Market Data

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