Arizona Office Space

Arizona

Office Space Market Report

Number of Listings (last 90 days)
1,683
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
1,900
As of: March 11, 2017

Arizona Rates

On average, listings lease in the $20's per square foot per year. The Arizona submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% decrease in rent.

Arizona Listing Supply

In the last 90 days, 1683 listings have been listed, so you'll want to check back regularly for new listings. About 2% of the office spaces in the Arizona are subleases, so you will probably have to consider a longer term lease. 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 1,900 sqft. Most buildings in this region are around 2 floors. Most buildings in this region were built in 1990 and are Class B.

Arizona Community

Market Report

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

Market Data

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