On average, listings lease in the $10's per square foot per year. The Indian Bend region is experiencing a a boost in rates. In the last 3 months, the median rate rose $16 per sqft per year.
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 depreciated region.
In the last 90 days, 16 listings have come on the market, which means new availabilities might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 69% of the listings in the Indian Bend 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 posted, so finding a space for a small business might be tough.
Even though the median size is 2,810 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are around 2 stories. Most buildings in this market were built in 1984 and are Class B.
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.