The typical asking rate per listing is in the $20's per square foot per year. The Meredith Square region is seeing a a boost in rates. In the last 3 months, the median rate rose $6 per sqft per year. That's a 38% rise in rent.
Compared to the rest of the Phoenix Metropolitan Area market, the Meredith Square region has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 6 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. 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 1,750 sqft. Most buildings in this area were built in 1974 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this area. Most of the folk of Meredith Square work from home. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.