The typical asking rate per listing is in the $30's per square foot per year. The Desert Fairways submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $30 per sqft per year. That's a Inf% rise in rent.
Compared to the rest of the Phoenix Metropolitan Area market, the Desert Fairways submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 1 listings have been listed, which means new availabilities most likley are 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 3,230 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are around 2 floors. Most buildings in this area were built in 2004 and are Class A.
Manufacturing is the dominant industry in this market. Most of the folk of Desert Fairways work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.