Arizona Office Space

Arizona

Office Space Market Report

Number of Listings (last 90 days)
1,683
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
1,940
As of: July 25, 2017

Arizona Rates

Most listings are in the $20's per square foot per year. The Arizona region is experiencing a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 10% decline in rent.

Arizona Listing Supply

In the last 90 days, 1683 listings have been made available, so you'll want to check back regularly for new listings. About 84% of the available leases in the Arizona 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 1,970 sqft. Most properties in this region are approximately 2 stories. Most buildings in this area 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