Most listings are in the $20's per square foot per year. The Scottsdale Ranch submarket is seeing a a boost in rates. In the last 3 months, the median rate rose $29 per sqft per year.
Compared to the rest of the Phoenix Metropolitan Area market, the Scottsdale Ranch region has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 1 listings have come on the market, which means office spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 300% of the office spaces in the Scottsdale Ranch are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,490 sqft. Most properties in this region are approximately 2 floors. Most buildings in this area were built in 1987 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Scottsdale Ranch folk. Commuting around an hour a day is the norm for those who opt to reside in this part of town.