On average, listings lease in the $20's per square foot per year. The Airpark submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $8 per sqft per year. That's a 23% decrease in rent.
Compared to the rest of the Phoenix Metropolitan Area market, the Airpark submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 58 listings have been posted online, so you'll want to check back regularly for new listings. About 7% of the available space in the Airpark 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 2,730 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are approximately 2 floors. Most buildings in this market were built in 1999 and are Class B.
Education is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Airpark residents. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.