On average, listings lease in the $30's per square foot per year. The Missouri Commons submarket is experiencing a an increase in rates. In the last 3 months, the median rate went up $31 per sqft per year.
Compared to the rest of the Phoenix Metropolitan Area market, the Missouri Commons submarket has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 2 listings have come on the market, which means listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. 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 3,050 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are close to 2 floors. Most buildings in this region were built in 1985 and are Class B.
This region 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 Missouri Commons folk. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.