South Mountain Office Space

Class A Office Building Space
South Mountain, Phoenix, AZ
8222 S 48th St Space
Phoenix, AZ

South Mountain

Office Space Market Report

Number of Listings (last 90 days)
19
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
17,990
As of: July 24, 2017

South Mountain Rates

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

South Mountain Listing Supply

In the last 90 days, 19 listings have been posted online, which means office spaces might be going fast. You'll want to be prepared to make an offer immediately. About 168% of the available space in the South Mountain are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 17,990 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are around 1 floors. Most buildings in this area were built in 1997 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 area. Commute by walking is the most popular way to get to work amongst South Mountain residents. 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.
Research