On average, listings lease in the $20's per square foot per year. The Warehouse District submarket is going through a an increase in rates. In the last 3 months, the median rate went up $26 per sqft per year.
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 region.
In the last 90 days, 0 listings have been listed, which means new listings are probably going fast. You'll want to be prepared to make an offer immediately. About NaN% of the available leases in the Warehouse District are subleases, so you will probably have to focus your search on direct office leases. 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 leases below 2,000 sqft. Most properties in this market are close to 2 floors. Most buildings in this area were built in 1940.
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 close to an hour a day is the norm for those who opt to reside in this part of town.