Warehouse District Office Space

Warehouse District

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 25, 2016

Warehouse District Rates

On average, listings lease in the $20's per square foot per year. The Warehouse District submarket is going through a decrease in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 12% decline in rent.

Compared to the rest of the Phoenix Metropolitan Area market, the Warehouse District region has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Warehouse District Listing Supply

In the last 90 days, 1 listings have been posted online, which means new availabilities might be leasing quickly. You'll want to be prepared to make an offer immediately. 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 4,460 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this market were built in 1940.

Warehouse District Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this region. Commute by walking is the most popular way to get to work amongst Warehouse District folk. Commuting around an hour 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 Warehouse District.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Warehouse District.