Deer Valley Office Space

Deer Valley

Office Space Market Report

Number of Listings (last 90 days)
37
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
15,000
As of: December 10, 2016

Deer Valley Rates

On average, listings lease in the $20's per square foot per year. The Deer Valley submarket is going through a decline in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 18% decrease in rent.

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

Deer Valley Listing Supply

In the last 90 days, 37 listings have come on the market, which means office spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 5% of the available leases in the Deer Valley 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 posted, so finding a space for a small business might be tough.

Even though the median size is 15,000 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are around 2 stories. Most buildings in this market were built in 2001 and are Class B.

Deer Valley Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Commute by car is the most popular way to get to work amongst Deer Valley occupants. Commuting close to 10 minutes 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 Deer Valley.
Market Report

Market Data

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