South Mountain Office Space

8222 S 48th St Space
Phoenix, AZ
# For Lease Newly Renovated Office Building The Promenade at South Mountain is a newly renovated, two-story office property, located at 8222 S 48th St., in Phoenix, Ariz. Available suites range from ±950 square feet to ±29,000 square feet, with a lease rate of $16.50 PSF, full service. _Refer to flyers and floor plans in side column for details_. The Promenade at South Mountain is located near the popular Ahwatukee Foothills area with more than 77,000 residents and is close to a variety of casual and fine dining restaurants and retail at Arizona Mills Mall. This lushly landscaped property backs to the Arizona Grand Golf Course and is adjacent to the South Mountain Park and Reserve with more than 51 miles of hiking trails. Tenants enjoy world-class amenities at the Arizona Grand Resort including discounted corporate membership plans. Features - Parking Ratio: 4/1,000. Covered/reserved parking available. - Open two-story lobby’s features floor-to ceiling windows and modern wood and stone finishes - Media walls in lobbies with large screen TV’s and high-definition programming - Office suites with oversized windows offer views of the Arizona Grand Golf Course and direct access to courtyards - Landscaped courtyards throughout the property are a great place for employee breaks and informal meetings - Common area break room adjacent to one of the courtyards - Common area and private rest rooms throughout the property - Building and suite signage available - Custom space planning and tenant improvements available - Convenient access to I-10 and minutes away from Sky Harbor International Airport and Arizona State University

South Mountain

Office Space Market Report

Number of Listings (last 90 days)
19
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
4,680
As of: March 12, 2017

South Mountain Rates

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

South Mountain Listing Supply

In the last 90 days, 19 listings have been posted online, which means 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 4,680 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are around 1 stories. Most buildings in this area were built in 1998 and are Class B.

South Mountain Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst South Mountain occupants. Commuting between 30 and 45 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 South Mountain.
Market Report

Market Data

Real time and historical data on commercial real estate listings in South Mountain.
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