Royal Willetta Office Space

Royal Willetta

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 26, 2016

Royal Willetta Rates

The typical asking rate per listing is in the $10's per square foot per year. The Royal Willetta region is seeing a an increase in rates. In the last 3 months, the median rate rose $17 per sqft per year. That's a Inf% rise in rent.

Compared to the rest of the Phoenix Metropolitan Area market, the Royal Willetta submarket has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.

Royal Willetta Listing Supply

In the last 90 days, 1 listings have come on the market, which means office spaces might be 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 available, so finding a space for a small business might be tough.

Even though the median size is 4,340 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area were built in 1983 and are Class B.

Royal Willetta Community

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 region. Commute by bike is the most popular way to get to work amongst Royal Willetta occupants. Commuting close to 20 minutes 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 Royal Willetta.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Royal Willetta.