Glendale Office Space

Glendale

Office Space Market Report

Number of Listings (last 90 days)
29
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
2,860
As of: July 22, 2017

Glendale Rates

The typical asking rate per listing is in the $20's per square foot per year. The Glendale region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 14% decline in rent.

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

Glendale Listing Supply

In the last 90 days, 29 listings have been posted online, which means listings most likley are going fast. You'll want to be prepared to make an offer immediately. About 117% of the available space in the Glendale 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 2,860 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are close to 1 floors. Most buildings in this area were built in 2000 and are Class B.

Glendale Community

Market Report

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

Market Data

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