Park McDowell Industrial

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Park McDowell

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
1,860
As of: August 19, 2017

Park McDowell Rates

On average, listings lease in the $20's per square foot per year. The Park McDowell submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $26 per sqft per year.

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

Park McDowell Listing Supply

In the last 90 days, 2 listings have been posted online, which means new availabilities are probably going fast. You'll want to be prepared to make an offer immediately. About 50% of the available leases in the Park McDowell 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 1,860 sqft.

Park McDowell Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Park McDowell occupants. Commuting approximately 10 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 Park McDowell.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Park McDowell.
Research