Surprise Industrial

Surprise

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
2,000
As of: June 28, 2017

Surprise Rates

Most listings are in the $20's per square foot per year. The Surprise submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $24 per sqft per year.

Compared to the rest of the Phoenix Metropolitan Area market, the Surprise region has lower rates, so you should have no trouble finding a great deal in this discounted submarket.

Surprise Listing Supply

In the last 90 days, 6 listings have come on the market, which means leases might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 133% of the available space in the Surprise are subleases, so you might be able to find a shorter term or below market rent. 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 2,000 sqft. Most properties in this market are approximately 1 floors. Most buildings in this market were built in 2005 and are Class B.

Surprise Community

Market Report

Trends and status of the commercial real estate market in Surprise.
Market Report

Market Data

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

Surprise Submarkets