Downtown Scottsdale Office Space

Downtown Scottsdale

Office Space Market Report

Number of Listings (last 90 days)
47
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
1,780
As of: June 28, 2017

Downtown Scottsdale Rates

On average, listings lease in the $20's per square foot per year. The Downtown Scottsdale submarket is going through a a rise in rates. In the last 3 months, the median rate rose $28 per sqft per year.

Compared to the rest of the Phoenix Metropolitan Area market, the Downtown Scottsdale submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.

Downtown Scottsdale Listing Supply

In the last 90 days, 47 listings have been listed, so you'll want to check back regularly for new listings. About 49% of the available space in the Downtown Scottsdale are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 1,780 sqft. Most properties in this market are around 2 stories. Most buildings in this area were built in 1982 and are Class A.

Downtown Scottsdale Community

A large portion of this area 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 folk. Commuting close to 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