Most listings are in the $20's per square foot per year. The McCormick Ranch region is seeing a an increase in rates. In the last 3 months, the median rate increased $25 per sqft per year.
Compared to the rest of the Phoenix Metropolitan Area market, the McCormick Ranch region has smaller rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 16 listings have come on the market, which means office spaces might be going fast. You'll want to be prepared to make an offer immediately. About 50% of the office spaces in the McCormick Ranch 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 3,070 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are around 2 floors. Most buildings in this area were built in 1986 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this region. Commute by public transit is the most popular way to get to work amongst McCormick Ranch residents. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.