Val Vista Lakes Office Space

Val Vista Lakes

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
1,100
As of: March 12, 2017

Val Vista Lakes Rates

The typical asking rate per listing is in the $10's per square foot per year. The Val Vista Lakes region is experiencing a decline in rates. In the last 3 months, the median rate decreased $33 per sqft per year. That's a 63% decline in rent.

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

Val Vista Lakes Listing Supply

In the last 90 days, 4 listings have been listed, which means new listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 1,100 sqft. Most buildings in this area were built in 2003 and are Class B.

Val Vista Lakes Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Val Vista Lakes folk. Commuting around an hour and a half a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Val Vista Lakes.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Val Vista Lakes.
Research