On average, listings lease in the $20's per square foot per year. The Paradise Ranchitos region is seeing a a rise in rates. In the last 3 months, the median rate went up $27 per sqft per year.
Compared to the rest of the Phoenix Metropolitan Area market, the Paradise Ranchitos region has greater rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 2 listings have come on the market, which means leases 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,560 sqft. Most properties in this market are close to 1 stories. Most buildings in this market were built in 2008 and are Class B.
A large portion of this region is residential, but there's plenty of office_space. Arts, entertainment, and restaurants are the dominant industries in this area. Commute by public transit is the most popular way to get to work amongst Paradise Ranchitos folk. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.