On average, listings lease in the $20's per square foot per year. The Pinnacle Peak Vistas submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $17 per sqft per year. That's a 41% decrease in rent.
Compared to the rest of the Phoenix Metropolitan Area market, the Pinnacle Peak Vistas submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 9 listings have come on the market, which means leases might be leasing quickly. You'll want to be prepared to make an offer immediately. About 11% of the listings in the Pinnacle Peak Vistas 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 1,350 sqft.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this area. Most of the folk of Pinnacle Peak Vistas work from home. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.