Warehouse District Office Space

Warehouse District

Office Space Market Report

Number of Listings (last 90 days)
0
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
26,170
As of: June 25, 2017

Warehouse District Rates

On average, listings lease in the $20's per square foot per year. The Warehouse District region is seeing a a boost in rates. In the last 3 months, the median rate increased $26 per sqft per year.

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

Warehouse District Listing Supply

In the last 90 days, 0 listings have been posted online, which means spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About Inf% of the listings in the Warehouse District 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 posted, so finding a space for a small business might be tough.

Even though the median size is 26,170 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are around 2 stories. Most buildings in this area 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 area. Commute by walking is the most popular way to get to work amongst Warehouse District residents. 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.
Research