On average, listings lease in the $20's per square foot per year. The Via Linda Corridor submarket is experiencing a an increase in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 3% increase in rent.
Compared to the rest of the Phoenix Metropolitan Area market, the Via Linda Corridor submarket has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 28 listings have come on the market, which means new availabilities most likley are leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 2,740 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are close to 2 stories. Most buildings in this market were built in 1998 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Via Linda Corridor folk. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.