The typical asking rate per listing is in the $20's per square foot per year. The Fountain Hills submarket is experiencing a a boost in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 14% increase in rent.
Compared to the rest of the Phoenix Metropolitan Area market, the Fountain Hills region has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 9 listings have been posted online, which means new listings are probably going fast. You'll want to be prepared to make an offer immediately. 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 2,410 sqft. Most properties in this market are around 2 stories. Most buildings in this region were built in 1999 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this region. Commute by car is the most popular way to get to work amongst Fountain Hills occupants. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.