Compared to the rest of the Phoenix Metropolitan Area market, the Monterey Arcadia submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 22 listings have been posted online, which means new listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 50% of the available space in the Monterey Arcadia 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 on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,830 sqft. Most properties in this market are approximately 1 stories. Most buildings in this market were built in 1983 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 area. Most of the residents of Monterey Arcadia work from home. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.