Peoria Office Space

Peoria

Office Space Market Report

Number of Listings (last 90 days)
17
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
170
As of: June 25, 2017

Peoria Rates

On average, listings lease in the $20's per square foot per year. The Peoria region is seeing a an increase in rates. In the last 3 months, the median rate rose $26 per sqft per year.

Compared to the rest of the Phoenix Metropolitan Area market, the Peoria region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Peoria Listing Supply

In the last 90 days, 17 listings have been posted online, which means listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 200% of the office spaces in the Peoria 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 170 sqft. Most buildings in this region are close to 1 floors. Most buildings in this region were built in 2006 and are Class B.

Peoria Community

Market Report

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

Market Data

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

Peoria Submarkets