Gilbert Office Space

Gilbert

Office Space Market Report

Number of Listings (last 90 days)
38
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
1,480
As of: March 11, 2017

Gilbert Rates

On average, listings lease in the $20's per square foot per year. The Gilbert region is going through a a boost in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 3% rise in rent.

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

Gilbert Listing Supply

In the last 90 days, 38 listings have come on the market, which means spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 5% of the listings in the Gilbert are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 1,480 sqft. Most buildings in this area are around 2 stories. Most buildings in this region were built in 2006 and are Class B.

Gilbert Community

Market Report

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

Market Data

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