Downtown Scottsdale Office Space

Downtown Scottsdale

Office Space Market Report

Number of Listings (last 90 days)
47
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
1,640
As of: August 19, 2017

Downtown Scottsdale Rates

Most listings are in the $30's per square foot per year. The Downtown Scottsdale submarket is seeing a a boost in rates. In the last 3 months, the median rate went up $4 per sqft per year. That's a 14% rise in rent.

Compared to the rest of the Phoenix Metropolitan Area market, the Downtown Scottsdale region has greater rates, and you'll need to pay a premium to be in this hot submarket.

Downtown Scottsdale Listing Supply

In the last 90 days, 47 listings have been made available, so you'll want to check back regularly for new listings. About 53% of the office spaces in the Downtown Scottsdale 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,640 sqft. Most properties in this market are around 2 stories. Most buildings in this market were built in 1982 and are Class A.

Downtown Scottsdale Community

A large portion of this region is residential, but there's plenty of office_space. Manufacturing is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Downtown Scottsdale residents. Commuting approximately 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 Downtown Scottsdale.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown Scottsdale.
Research