Arts Districts Office Space

Arts Districts

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$37
Median Size (sqft)
2,460
As of: February 24, 2017

Arts Districts Rates

Most listings are in the $30's per square foot per year. The Arts Districts submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $37 per sqft per year.

Compared to the rest of the Phoenix Metropolitan Area market, the Arts Districts region has higher rates, and you'll need to make a great offer to be in this hot region.

Arts Districts Listing Supply

In the last 90 days, 4 listings have been listed, which means spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,460 sqft. Most buildings in this region are around 2 floors. Most buildings in this area were built in 1985 and are Class A.

Arts Districts Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Arts Districts occupants. Commuting around 15 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 Arts Districts.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Arts Districts.
Research