The typical asking rate per listing is in the $30's per square foot per year. The Sahuaro submarket is going through a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 8% decline in rent.
Compared to the rest of the Phoenix Metropolitan Area market, the Sahuaro submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 10 listings have come on the market, which means new listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 140% of the available leases in the Sahuaro are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 3,430 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are close to 1 floors. Most buildings in this area were built in 2001 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this area. Most of the occupants of Sahuaro work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.