On average, listings lease in the $20's per square foot per year. The Grove at Black Canyon submarket is going through a a rise in rates. In the last 3 months, the median rate went up $25 per sqft per year.
Compared to the rest of the Phoenix Metropolitan Area market, the Grove at Black Canyon submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 11 listings have been made available, which means listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 9% of the available space in the Grove at Black Canyon are subleases, so you will probably have to consider a longer term 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 1,900 sqft. Most buildings in this market are close to 4 floors. Most buildings in this region were built in 1998 and are Class A.
This market is fairly equally mixed residential and commercial. Professional services is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Grove at Black Canyon occupants. Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.