Maryvale Office Space

Maryvale

Office Space Market Report

Number of Listings (last 90 days)
8
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
2,400
As of: June 24, 2017

Maryvale Rates

On average, listings lease in the $10's per square foot per year. The Maryvale submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $16 per sqft per year.

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

Maryvale Listing Supply

In the last 90 days, 8 listings have been made available, which means new availabilities might be going fast. You'll want to be prepared to make an offer immediately. About 75% of the office spaces in the Maryvale 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.

The standard measurement for office space in this area is around 2,400 sqft. Most properties in this region are around 1 stories. Most buildings in this market were built in 2004 and are Class B.

Maryvale Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Maryvale folk. Commuting more than an hour and a half 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 Maryvale.
Market Report

Market Data

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