On average, listings lease in the $10's per square foot per year. The Metroplex submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $18 per sqft per year.
Compared to the rest of the Phoenix Metropolitan Area market, the Metroplex submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 9 listings have been listed, which means new listings most likley are going fast. You'll want to be prepared to make an offer immediately. 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 3,250 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market were built in 1984 and are Class B.
Public administration is the dominant industry in this market. Most of the residents of Metroplex work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.